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Home News YIP Ji Hang: Hong Kong Adopts a Pragmatic and Consistent Regulatory Approach, February Roadmap Progress at About 65%

YIP Ji Hang: Hong Kong Adopts a Pragmatic and Consistent Regulatory Approach, February Roadmap Progress at About 65%

YIP Ji Hang: Hong Kong Adopts a Pragmatic and Consistent Regulatory Approach, February Roadmap Progress at About 65%

BlockBeats News, November 4th. Eric Yip, a member of the Hong Kong Securities and Futures Commission (SFC) Executive Committee, stated at the Hong Kong Finternet 2025 Asia Digital Asset Summit that Hong Kong’s regulatory legislation on digital assets still requires more time. It needs to engage in appropriate legislation in a dynamic manner and listen to the voices of this vibrant market and industry to ensure that the regulatory approach stays up to date.

The Hong Kong Securities and Futures Commission is not the fastest or most aggressive regulatory body, currently adopting a prudent and consistent regulatory approach. In February of this year, the SFC released a regulatory roadmap, and the overall implementation progress can now be described as 65%. They hope that by this time next year, it can be described as 100% or even 110%.

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