PANews reported on February 19 that according to Sing Tao Daily, Hong Kong Securities Regulatory Commission CEO Leung Fung-yee said at the Consensus Forum that a virtual asset roadmap will be released this afternoon to develop forward-looking strategies by studying the direction of future development. This includes expanding the products and services of licensed virtual asset trading platforms, considering allowing staking, providing derivative products for professional investors, and also considering providing margin lending for certain customers.
Liang Fengyi said that the current development of the ecosystem is unbalanced and it is now possible to enter the second stage. In this pro-growth strategy, first, Hong Kong will complete the legislation on virtual asset activities; second, it will expand products and services, and is considering allowing staking to provide derivative products for professional investors. It is also considering providing margin loans to certain customers.
She continued that the third step will be to optimize the operating processes, including hot wallet and cold wallet regulations, and adjust custody requirements and insurance requirements. The content of the compliance review and how to optimize it will be reviewed to truly maximize the operating processes.
