Hong Kong MPFA: Will study the inclusion of virtual assets in the Mandatory Provident Fund
When attending the Legislative Council, the Chairperson of the Hong Kong Mandatory Provident Fund Schemes Authority (MPFA), Lau Mak Ka-huan, and the Chief Executive Officer, Cheng Yenci, said that some members are concerned about whether Hong Kong will include virtual assets in the Mandatory Provident Fund in the future, and the MPFA will conduct a study, paying particular attention to whether transparency is sufficient, as well as price fluctuations, platform risks, liquidity risks, and security risks. At present, the regulation of virtual assets in many markets is still in its infancy, and more time is needed for supervision and observation.