Hong Kong’s SFC launched the ASPIRe roadmap to strengthen its virtual asset ecosystem and address market challenges.The strategy includes five pillars: Access, Safeguards, Products, Infrastructure, and Relationships, with 12 key initiatives.It aims to enhance compliance, improve market access, and integrate blockchain innovations into traditional finance (TradFi).The SFC urges regulators to update legacy rules to support tokenized securities and decentralized platforms.Hong Kong’s financial secretary reaffirmed investment in crypto infrastructure and talent to solidify its role as a global crypto hub.
source: https://cointelegraph.com/news/hong-kong-sfc-aspire-roadmap-crypto-expansion