Ye Zhiheng: This afternoon, a framework regarding the permission for virtual asset trading platforms to trade tokenized assets will be announced.

Techub News reported that at the 2026 Hong Kong Web3 Carnival, Yip Chi-hang, Executive Director of the Intermediaries Department at the Hong Kong Securities and Futures Commission, stated that Hong Kong's digital asset regulatory regime was rated by peers last year as "one of the highest levels," with a comprehensive and well-developed regulatory framework.

Yip Chi-hang revealed that the work over the next 12 months will focus on three major innovation clusters, including innovation through regulation, products, and interaction. Regarding innovation through products, a global-first framework will be announced this afternoon, allowing virtual asset trading platforms to conduct tokenized asset trading, not limited to tokenized money market funds, with plans to gradually expand to all authorized products. Additionally, issues such as the structural design of perpetual contracts, financing guarantees, and capital adequacy ratios are under in-depth discussion.