#HongKongPlansNewVAGuidelines 🇭🇰💎
Hong Kong is ready to become the next "Super Power" in the crypto world! The SFC (Securities and Futures Commission) has proposed new and strict guidelines for Virtual Assets.
🚀 Key Points of the New Guidelines:
Retail Trading: Under the new rules, the general public (Retail Investors) will be able to trade major cryptocurrencies like Bitcoin and Ethereum (on licensed platforms).
Investor Protection: The SFC has set strict conditions on "Client Money Rules" and "Cybersecurity" to safeguard investments and prevent fraud.
Stablecoin Regulation: Hong Kong is