News list for " and virtual assets"

Hong Kong Legislative Council Member Wu Jiezhuang: Advocate "Digital Connect" to open a special channel to allow mainland investors to trade recognized digital assets

Wu Jiezhuang, chairperson of the committee of the Hong Kong Legislative Council, Web3 and Virtual Asset Development Forum, said that Hong Kong's virtual asset trading platform license requirements are very high, and the withdrawal of the application is mainly due to the company's financial problems, business maturity, investment technology and the suitability of warehousing candidates. On how the Hong Kong virtual asset market can serve the needs of the country in the future, Wu Jiezhuang believ...

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2024-12-31 11:04:17
Hong Kong Legislative Council Member Wu Jiezhuang: The SAR government can refer to the securities industry to establish a DAO licensing system

The Hong Kong Legislative Council, Web3 and Virtual Asset Development Forum Committee Chairperson Wu Jiezhuang said that the Hong Kong High Court heard the world's first lawsuit involving a decentralized autonomous organization (DAO) in August this year. At present, the United States and Abu Dhabi have relevant legal frameworks to regulate DAOs. Since DAOs have no legal subject, it is recommended that the special administrative region government can refer to the licensing system of the securitie...

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2024-12-31 10:58:14