It's official: Hong Kong's first Virtual Asset Service Provider (VASP) licensing regime will take effect in June 2023, as part of the Government's efforts to develop the city into a leading virtual asset hub.
While virtual assets are attracting increasing attention from institutional and private investors alike, developments in the global sphere haven't been so rosy as of late, especially for cryptocurrencies, with market turmoil affecting the valuation of digital assets, and notable names in the field facing reputational crises.
What exciting opportunities or potential perils lie ahead for businesses investing or interested in this evolving field? Between facilitating financial innovation and the need for regulatory safeguards, what does the future look like for Hong Kong's virtual asset market?
Join us on 15 February, when Ms Elizabeth Wong, Director, Licensing and Head, Fintech Unit, Intermediaries at SFC; Dr Anthony Ng, CEO at Hong Kong Virtual Asset Exchange; and Mr Benjamin Quinlan, CEO & Managing Partner at Quinlan & Associates, will cast light on what the recent passage of the Anti-Money Laundering and Counter-Terrorist Financing (Amendment) Bill 2022 means for the city's businesses, and discuss the way forward for the industry.
For participants attending online, please refer to the following: - Upon successful registration of the event, a unique webinar link will be sent to your registered email (attendee email) 2 working days before the event. Please refer to the troubleshooting guide here should you experience any issues in locating the webinar link. - Instructions on downloading Zoom and joining a webinar can be found here. We suggest that you familiarize yourself with the software in advance of the webinar. - Please log in 15 minutes (at 9:45 am) before the event begins, through the link that will be sent to your registered email.
For participants attending in-person, please refer to the following: - Seats are limited and available on a first come first served basis. - Pre-registration for in-person attendance is required and the Chamber reserves the right to decline such an application. - Attendees should wear a mask at all times. - Attendees, who feel unwell are advised against in-person attendance at the Chamber. If attendees are required to undergo compulsory testing, please kindly bring along a negative PCR or RAT test result when attending physically. - Food and beverages will not be provided. |