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Hong Kong Virtual Asset Rating Agency HKVAC Consultant: 30 Representative Virtual Assets Will Be Selected To Establish a Cryptocurrency Index

Wu Ziquan, an advisor to Hong Kong Virtual Asset Consortium (HKVAC), a Hong Kong-based virtual asset rating agency, stated that in order to effectively reflect trading trends, institutions have established a mechanism to select 30 representative virtual assets to establish a cryptocurrency index, which helps investors grasp daily market performance. In addition, HKVAC plans to work with licensed institutions under the Securities and Futures Commission to promote a credit rating mechanism for virtual asset exchanges to help investors identify risks.

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