Hong Kong's Securities and Futures Commission Clarifies Robust Custodial Standards to Safeguard Customer Virtual Assets

By: theblockbeats.news|2025/08/15 13:12:01
0
Share
copy

BlockBeats News, August 15th, Today, the Hong Kong Securities and Futures Commission issued a circular to all licensed virtual asset trading platforms, clarifying its requirements for secure custody of client virtual assets, laying a solid foundation for the industry to adopt more advanced custody technology in a systematic manner under the ASPIRe roadmap.

In the latest circular, the Commission cited several examples of good practices and minimum standards that virtual asset trading platform operators should meet, covering the responsibilities of senior management, the infrastructure and operation of client cold wallets, the use of third-party wallets, and real-time threat monitoring, among other aspects. In the future, these standards will also become the core regulatory requirements for virtual asset custodians and help drive the industry to establish an effective virtual asset custody framework. (Golden Finance)

You may also like

The foundation of SpaceX's trillion-dollar valuation: Who is dividing Musk's annual capital expenditure of tens of billions?

SpaceX Supply Chain Revealed: The Invisible Gold Mine Behind the Trillion-Dollar "Space Dream," from Nvidia's Computing Power Monopoly to China's Sole Supplier of Special Materials, these overlooked water-selling talents are the true wealth creation engine.

France vs Senegal World Cup 2026: Mbappe’s New Era Begins Against a Historic Rival

France vs Senegal World Cup 2026 preview: Can Mbappe lead France past Senegal after the shocking 2002 World Cup defeat? Full team news, predicted lineups, key battles, and WEEX's exclusive match prediction.

SharpLink CEO: How to understand that Ethereum developers have just surpassed 1 million?

The most important question in the cryptocurrency industry is not which chain is the fastest, but rather where top builders choose to build in the long term. Ethereum has just surpassed one million cumulative developers; what does this number mean?

Morning Report | MiCA grace period expires on July 1; Kalshi's trading volume in the first week of the World Cup breaks $5.1 billion, setting a record

Overview of Important Market Events on June 15

What is the connection between Huang Zheng of Pinduoduo and blockchain?

From Pinduoduo's "reverse insurance" to blockchain's smart contracts, this article explains how Huang Zheng's underlying logic uses "certainty" rules to reshape the flow of wealth for ordinary people.

Morning Report | Prediction market platforms like Kalshi and Polymarket jointly sue Kentucky over 14.25% trading tax; Bridgewater founder discusses decision-making in the AI era: principled thinking should run parallel to AI, human insight remains irre...

Overview of Important Market Events on June 15

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com