The Hong Kong Securities Supervision Commission today released its "Quarterly Report for Q2 2024", which mainly covers virtual assets: 1. During the quarter, nine entities were added to the Suspicious Virtual Asset Trading Platform Alert List to warn the public against suspected fraud and unlicensed activities related to virtual assets. Launched TV advertisements and radio advertising campaigns to warn the public against investment scams and unlicensed virtual asset trading platforms, and also promoted anti-fraud messages by participating in community outreach activities and providing tips for foreign domestic helpers. 2. Optimized the virtual asset supervision system to enable retail investors to use the virtual asset trading services and consulting services provided by intermediaries regulated by the Securities Supervision Commission, and further specified the requirements applicable to intermediaries involved in the distribution of virtual asset-related investment products. 3. Trading in the first six virtual asset spot ETFs in Asia that have been listed in Hong Kong has remained smooth, with a total market value of 2.40 billion yuan as of mid-August. 4. Enhanced the digital submission function of the WINGS platform for virtual asset trading platform operators to facilitate their compliance with relevant archiving regulations. 5. To promote the development of the tokenization market in Hong Kong, the Hong Kong Securities Supervision Commission has provided regulatory guidance on tokenization on various occasions. The Hong Kong Securities Supervision Commission is also a founding member of the Ensemble Project Framework Working Group established by the HKMA (HKMA), which aims to develop industry standards for wholesale central bank digital currency (wCBDC), tokenized currency and tokenized assets at the wholesale level.