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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.

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