Core Viewpoint - The Hong Kong Financial Services and the Treasury Bureau, along with the Securities and Futures Commission, is initiating a consultation to introduce a regulatory framework for virtual asset trading service providers and custodians [1] Group 1: Regulatory Framework - The proposed system will empower the Securities and Futures Commission to issue licenses and supervise virtual asset trading service providers and custodians [1] - The Commission will establish compliance standards for these service providers based on the principle of "same business, same risks, same rules" [1] Group 2: Investor Protection and Market Integrity - The initiative aims to ensure robust investor protection measures and maintain market integrity [1] - This reflects the Commission's commitment to implementing various plans under the "ASPIRe" roadmap, focusing on sustainable development [1] Group 3: Market Development - The goal is to build a vibrant yet secure and robust digital asset market [1]

Core Viewpoint - Tianfeng International Securities has upgraded its securities trading license to provide virtual asset trading services in Hong Kong, reflecting the growing interest in virtual asset businesses in the region [1] Group 1: Regulatory Environment - The virtual asset business activities in Hong Kong are regulated by the Hong Kong Securities and Futures Commission (SFC) [1] - The Hong Kong Monetary Authority (HKMA) oversees areas involving currency payments, such as stablecoins and digital Hong Kong dollars [1] - The SFC adopts a "same business, same risk, same regulation" principle for virtual asset regulation, adding conditions and technical specifications to traditional financial licenses [1]

Core Viewpoint - Hong Kong's inclusion of virtual assets in its investment immigration program is attracting high-net-worth individuals, positioning the city as a favorable destination compared to other regions like Singapore [1] Group 1: Virtual Asset Policy - Hong Kong's virtual asset policy is more inclusive compared to Singapore, which has not clearly recognized virtual assets for investment immigration [5][6] - The unique advantages of virtual assets include ease of asset evaluation and transparency, allowing for quick estimation based on market prices without extensive research [5] Group 2: Investment Immigration Requirements - The investment immigration framework in Hong Kong allows for daily asset valuation, requiring a minimum of HKD 30 million to be maintained over the past six months, accommodating fluctuations in asset value [7] - Hong Kong's investment immigration policy is clearer and more lenient than Singapore's, which has stricter anti-money laundering and anti-terrorism financing regulations [6][9] Group 3: Compliance and Verification - The verification process for converting on-chain assets into compliant exchange certificates is streamlined in Hong Kong, contrasting with Singapore's rigorous initial scrutiny of fund sources [9] - The focus of compliance checks in Hong Kong occurs during the investment phase, rather than at the application stage, simplifying the process for applicants [9]

【导读】香港立法会通过《稳定币条例草案》，预计年内生效，渣打等机构正在积极筹备与港元挂钩的 稳定币发行 5月21日，香港立法会通过了《稳定币条例草案》（以下简称《草案》），以在香港设立法币稳定币发 行人的发牌制度，完善对虚拟资产活动在香港的监管框架，以保持金融稳定，同时推动金融创新。 据中国基金报记者了解，目前香港特区政府相关部门及金融监管机构，正积极协助业界做好过渡期安 排，以及稳定币发行的相关筹备工作。 发行人须向金融管理专员 申领牌照 香港特区政府发布声明对此表示欢迎，并指出《稳定币条例》实施后，任何人如在业务过程中在香港发 行法币稳定币，或在香港或以外发行宣称锚定港元价值的法币稳定币，必须向金融管理专员申领牌照。 相关人士须符合储备资产管理及赎回等方面的规定，包括妥善分隔客户资产、维持健全的稳定机制，以 及须在合理条件下按面额处理稳定币持有人的赎回要求。相关人士亦须符合一系列打击洗钱及恐怖分子 资金筹集、风险管理、披露规定及审计和适当人选等要求。金融管理专员会适时就制度的详细监管要求 作进一步咨询。 香港特区政府表示，发牌制度将为公众及投资者提供更好保障。其中，条例只容许指定的持牌机构在香 港销售法币 ...

｜2025年5月22日星期四｜ NO.1 第二十一届文博会5月22日在深圳开幕 5月22日，第二十一届中国（深圳）国际文化产业博览交易会（以下简称文博会）将盛大开幕。本届文博会首次设立人工智能展区， 汇聚了60余家人工智能领域企业参展，覆盖机器人、无人机、智能眼镜、智能耳机等前沿领域，集中展示AI技术如何重塑文化产业 的形态与边界。 点评：当前深圳正打造"人工智能先锋城市"，在此次展会上展示的人工智能领域产品，也将让观众感受到深圳的科技魅力。 NO.2 2024年深圳民营企业增超10万户 据"深圳发布"微信公众号5月21日消息，2024年，深圳市民营企业数量超260万家，增长10万户以上。其中，7家深圳民企入围世界500 强，27家上榜中国民企500强，40家成为广东省民企100强。 点评：深圳始终把优化营商环境作为"一号改革工程"，近年不断推出改革举措，推动市场化、法治化、国际化营商环境持续优化。 NO.3 广东餐饮连锁化率达31.7% 据金羊网5月21日消息，第16届CRE广州餐博会近日开幕，会上发布的报告显示，中国餐饮连锁化率去年达到22%，预计今年将突破 24%。而广东餐饮连锁化率更是高达31.7%， ...