Licensing System

According to reports, the Chief Executive of the Hong Kong Special Administrative Region, Li Jiachao, stated that in order to make Hong Kong the best foothold for virtual asset ent

It is reported that the South Korean Government Affairs Committee will hold the 1st Proposal Review Branch on March 28th to propose and discuss the legislation of the \”Virtual Asse

According to reports, on March 17th, when delivering a video speech at the 2WEB3 FEST Hong Kong 2023 event, the Financial Secretary of the Hong Kong Special Administrative Region Government, Chen Maobo, stated that in the past few years, the virtual asset industry in Hong Kong is starting to develop steadily. Under the principle of “same activities, same risks, and same supervision”, Hong Kong will introduce a virtual asset service provider licensing system in June this year. “We believe that by establishing an appropriate regulatory licensing system to eliminate the black sheep in the industry, it is beneficial to enhance the overall image of the industry and promote the healthy, orderly and responsible development of the virtual asset industry.” Chen Maobo said. (Interface News) Chen Maobo: Hong Kong will introduce a virtual asset service provider licensing system in June Analysis based on this information:The Financial Secretary of the Hong Kong Special Administrative Region Government, Chen Maobo, announced at the 2WEB3…