X @Wu Blockchain

Hong Kong Regulator: Closed-Loop Environment Limits Hong Kong's Connection with Global LiquidityOn November 4th, Elizabeth Wong, Director of Intermediaries and Head of Fintech Unit at the Hong Kong Securities and Futures Commission (SFC), pointed out at the Finternet 2025 Asia Digital Finance Summit that the SFC took the lead in regulating digital assets since 2018, earlier than most jurisdictions worldwide. In the early stage, it adopted a prudent approach to build a closed-loop ecosystem, with licensed vi ...