Virtual Asset Industry
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Overview
According to reports, at the 2023 Digital Economy Summit, the Chief Executive of the Hong Kong Special Administrative Region, Li Jiachao, stated that this year\’s budget will alloca
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Improving Transparency in POR: OKX’s Innovations Discussed at Hong Kong Web3 Carnival Main Forum
On April 12th, Lennix, Managing Director of OKX Global Institutional Business, was invited to attend the 2023 Hong Kong Web3 Carnival Main Forum and participate in roundtable discu
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Hong Kong to Introduce Virtual Asset Service Provider Licensing System to Enhance Industry Image
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…