According to TechFlow, on June 8, Justin Sun, founder of TRON and member of Huobi’s global advisory board, tweeted, “Hong Kong’s commitment to providing an open and clear regulatory environment for Web3 is very encouraging. As a part of this, we are excited to see where this journey will take us.”
It is reported that in the article forwarded by Sun Yuchen, Hong Kong Legislative Council member Wu Jiezhuang said in an interview that Hong Kong's regulatory policy on virtual assets is relatively clear. In addition to exchanges and virtual asset management, Hong Kong has not expressed the need to regulate other aspects. For example, game tokens that do not involve securities and futures will not be regulated, and Hong Kong is relatively free in developing Web3.
At the same time, after the "Guidelines for Virtual Asset Trading Platform Operators" came into effect on June 1, the Hong Kong Securities and Futures Commission began to accept applications for licenses from virtual asset trading platform operators, allowing retail investors to use licensed virtual asset trading platforms. This move undoubtedly further demonstrates Hong Kong's open attitude towards virtual assets and its determination to promote the development of Web3.
