Rachel Leung: Finalizing the regulatory framework for digital asset trading and custody services

Techub News, according to a report from Zhitong Caijing, Julia Leung, Chief Executive Officer of the Hong Kong Securities and Futures Commission (SFC), stated that Hong Kong is committed to building a secure and reliable digital asset platform. The final regulatory framework for digital asset trading and custody services is currently being finalized, which she described as the last two regulatory "puzzle pieces" for establishing a robust digital asset ecosystem. Meanwhile, the adoption of tokenized financial products in Hong Kong continues to increase, including green bonds, SFC-recognized money market funds, and retail gold products. The market size of related tokenized products in Hong Kong is approximately $3 billion.