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Hong Kong Regulator Adds Global Liquidity Integration to Digital Asset Plan

The Securities and Futures Commission of Hong Kong aims to enable licensed cross-border platforms to share global order books and expedite licensing for virtual asset custodians.

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Terms & Concepts
  • Securities and Futures Commission of Hong Kong (SFC): Hong Kong's financial regulatory body overseeing securities and futures markets, including digital asset activities.
  • Global Order Book: A unified trading ledger shared across multiple platforms, allowing participants to access combined liquidity internationally.
  • Virtual Asset Custodian: A licensed entity that securely holds and manages cryptocurrencies or other digital assets for clients.