The Hong Kong Legislative Council will discuss how to regulate virtual asset trading platforms on October 9.
According to the online media "Hong Kong 01" on Monday (September 25), after the virtual asset platform JPEX was criticized by the Hong Kong Securities Regulatory Commission, the police arrested many people with suspected fraud, including Hong Kong social mediaCelebrity Lin Zuo and so on.Many participants said that they could not "get gold", and the virtual currency or legal currency transferred from a personal or company's transaction account to other accounts, causing discussions on regulatory related platforms.
The Hong Kong Legislative Council Finance and Economic Affairs Committee's meeting on October 9 will be inserted to discuss the regulation of the virtual asset trading platform.
The Hong Kong Securities Regulatory Commission included JPEX on the list of "unlicensed companies and suspicious websites" in July last year, but there was no power to take action. After the relevant laws came into effect in June this year, they could not conduct investigations.JPEX's operating techniques are suspicious, causing discussions on the regulatory system of virtual asset trading platforms.
Li Huiqiong, Chen Zhongni, and Huang Junshuo, members of the Hong Kong Legislative Council Finance and Economic Affairs Committee, sent a letter to the chairman of the Hong Kong Legislative Council Finance and Economic Affairs Committee Lin Jianfeng, requesting to add the agenda on October 9 to discuss the JPEX incident, and and ofThe law enforcement agencies, including the Securities Regulatory Commission, explained at the meeting.
Lin Jianfeng has instructed the October 9th meeting to plus the regulatory agenda of the virtual asset trading platform and will discuss one hour.
