At the sixth meeting of the "Technology Crime Police Advisory Group", which is composed of the Hong Kong Police Force and 12 experts and leaders from the technology sector, Luo Zhensheng, the head of HashKey compliance, briefed the panelists on the licensing conditions of virtual asset trading platforms and the laws and guidelines that platform operators need to abide by. The relevant requirements include that platform operators should hold not less than 98% of customers' virtual assets in offline storage, and provide insurance protection for 50% of offline virtual assets, and that customers' virtual assets held online and other storage methods also need to be fully insured. In order to ensure the quality of virtual asset trading platform products, the platform needs to establish a Token Inclusion and Review Committee to formulate, implement and enforce the criteria for the inclusion of virtual assets for trading, so that investors can buy audited virtual assets with confidence. Luo Zhensheng also mentioned the "Anti-Money Laundering and Terrorist Financing Guidelines" on licensed trading platforms and anti-money laundering standards and rules, including risk identification and assessment, virtual asset transfer and continuous monitoring, etc. Before establishing a business relationship, platform operators should conduct a know-your-customer process (KYC) to conduct a comprehensive assessment of each investor's background, knowledge and understanding of the nature and risks of virtual assets.