Hong Kong market regulator calls for more harmonisation of crypto rules
Julia Leung, CEO of Hong Kong’s Securities and Futures Commission (SFC), has called for more harmonisation of crypto standards, as a fragmented global crypto regulatory landscape is “not helping the industry”.
“This fragmentation in regulation, as well as liquidity, is actually not helping the industry, because it will add to the compliance costs,” Leung said during a panel discussion at a crypto industry flagship event, Consensus Hong Kong 2025, on Tuesday “For regulators, the efficiency of price discovery is not there. You have a very fragmented liquidity pool,” she added.
Leung’s comments comes over two years after the special administrative region (SAR) of China announced its vision and approach for…
