Securities and Futures Commission: Hong Kong Has Completed Initial Regulatory Building Blocks in the Virtual Asset Space

BlockBeats News, January 20th, the Hong Kong SAR Government plans to announce the "2026/2027 Budget" on February 25th, focusing on areas such as virtual assets and investor protection. The Hong Kong Securities and Futures Professional Association stated that Hong Kong has completed the initial regulatory infrastructure in the virtual asset field, and the next focus should shift to commercial application implementation. This will be achieved by enhancing RWA secondary market liquidity, expediting product approvals, introducing international liquidity, strengthening practitioner training, transforming Hong Kong from a market with clear regulations to a globally recognized virtual asset hub with abundant liquidity and widespread application. This transformation is aligned with the country's "15th Five-Year Plan" for financial openness and a digital economy strategy.