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How to View the Development of Web3.0 in Hong Kong

Xiong DezhiThe new licensing system for Hong Kong's virtual asset trading platform will take effect on June 1st, and the Hong Kong Securities Regulatory Commission (SFC) will license cryptocurrency exchanges, allowing retail investors to trade through licensed platforms. The regulation of virtual asset trading platforms is based on the current regulations under the Securities and Futures Ordinance in Hong Kong, and is the same as the relevant regulations applicable to licensed securities firms and automated trading venues...