Hong Kong Securities Supervision Commission formulates new roadmap to promote Hong Kong's development as a global virtual asset hub
The Hong Kong Securities Supervision Commission today released a newly developed "ASPIRe" roadmap, listing 12 key measures under the five pillars to enhance the security, innovation and growth of Hong Kong's virtual asset market. The five pillars of the "ASPIRe" roadmap are connectivity (Access), security (Safeguards), products (Products), infrastructure (Infrastructure) and connections (Relationships) (see attachment). These measures will promote global liquidity access, enable security-based adaptive compliance and product frameworks, and promote traditional financial infrastructure upgrades using the performance of memory blockchain technology. (Jin Ten)