The inaugural Virtual Asset Consultative Panel meeting organized by the Hong Kong SFC marks a pivotal step in regulatory collaboration with the virtual asset sector. Comprised of representatives from licensed trading platforms, the panel aims to develop comprehensive regulations that foster both market growth and investor protection.

Chaired by Dr. Eric Yip, the VACP seeks to facilitate open dialogue for regulatory evolution in an ever-changing landscape. With plans to strengthen Hong Kong’s digital asset ecosystem, the panel is positioned to enhance investor confidence and outline clear standards for tokenization and stablecoins.