People's Bank of China: "Hong Kong Actively Manages Virtual Asset Licenses"

It has been revealed that Hong Kong is actively engaging in the management of virtual asset (cryptocurrency) licenses.

On the 30th (local time), the People's Bank of China reported in its financial stability report that "while 51 countries and regions worldwide have introduced bans on virtual assets, Hong Kong is actively managing virtual asset licenses."

Furthermore, it explained, "Currently, Hong Kong is supervising virtual assets by dividing them into two categories: liquid financial assets and non-liquid financial assets. Additionally, it is implementing a unique 'dual license' system for virtual asset trading platform operators, specifically for 'security tokens'."