Hong Kong Issues New Guidance For Virtual Asset Trading Platforms

Author Image
Written by Nausheen Thusoo Updated:
Author Image
Reviewed By Reviewed By Rekha Sharma

Share this crypto insight on your favorite social media platform

The Securities and Futures Commission (SFC) of Hong Kong has levied new guidance for Virtual Asset trading platforms to help strengthen custody standards. The move comes as a measure to strengthen security amid a rise in global breaches. The circular, which is a component of the SFC’s ASPIRe plan, specifies minimal standards for wallet infrastructure, access controls, and management oversight.

Disclaimer

All content provided on Times Crypto is for informational purposes only and does not constitute financial or trading advice. Trading and investing involve risk and may result in financial loss. We strongly recommend consulting a licensed financial advisor before making any investment decisions.

Author Image
Written by Nausheen Thusoo Multimedia Journalist at Times Crypto

A crypto and finance journalist with over three years of experience turning complex market trends into stories that anyone can understand. With a strong background in covering business, finance, and digital assets, Nausheen has contributed to global media outlets including Reuters and CoinGape. Passionate about the fast-moving world of blockchain and emerging tech, she blends sharp analysis with clear storytelling, making insights valuable for both new readers and seasoned investors.