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Gate Group in Talks With Hong Kong Authorities Over Crypto Policy, Regulation

Gate Group said it discussed Hong Kong’s recent policy statement on virtual assets in a closed-door meeting with the Financial Services and Treasury Bureau (FSTB), the Securities and Futures Commission (SFC) and Invest Hong Kong, according to a company statement.

The purpose of the meeting was to address industry leaders’ questions and concerns regarding policy and regulation. The watchdogs are also looking to encourage virtual asset exchanges to consider license requirements.

Gate Group said that they support the SFC’s recent efforts to regulate virtual asset trading platforms and license virtual asset funds.

(By Josh O'Sullivan)

Hong Kong
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