Hong Kong Legislative Council: Virtual assets are more open!
Hong Kong Legislative Council member Li Weihong (Financial Services) collected and integrated industry opinions and made suggestions for the 2024 Policy Address. The main suggestions include:
1. Promote the development of the virtual asset market and steadily increase retail investors' participation in more different virtual asset product transactions; speed up the approval of asset management license upgrades; and moderately relax the regulations on intermediaries selling virtual asset ETFs;
2. Develop futures and derivatives business-futures exchanges should realize 23-hour trading as soon as possible, increase futures varieties for holiday trading, and open more virtual asset options and futures derivatives.
