Hong Kong Discusses Regulatory Proposals for Four Crypto-Asset Sectors, Reviews Tokenized Payments
Hong Kong's Fintech Business Facilitation Task Force held its sixth meeting on October 26, chaired by Secretary for Financial Services and the Treasury Christopher Hui.
Attendees discussed proposed regulatory frameworks covering four virtual-asset business areas: trading, custody, advisory, and management services, as well as tokenized payment initiatives.
Financial regulators briefed the meeting on progress regarding the use of artificial intelligence in financial markets.