GuShiio.com GuShiio.com learned that according to Ming Pao, Hong Kong Financial Secretary John Chan announced in the “2025-2026 Budget” that the SAR government plans to issue a second virtual asset policy declaration in the second quarter of this year, aiming to combine traditional financial advantages and virtual asset technology innovation, enhance the security and flexibility of the real economy, and encourage local and international companies to explore related applications. Sources said that compared with the first declaration in 2022, the new version will focus more on market development and regulatory balance. During the year, the Hong Kong government will also conduct consultations on the licensing system for over-the-counter transactions and custody services for virtual assets. It was also revealed that the virtual asset roadmap released by the China Securities Regulatory Commission last week focused on internal measures, while the new declaration was broader in scope and was not limited to supervision by a single institution.
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