Ye Zhiheng: The Hong Kong Securities and Futures Commission is tendering for the "Regulatory Communication Accelerator" program, which will introduce third-party service providers as communication bridges.

BTC-0,29%
ETH0,43%

Foresight News reports that Hong Kong Securities and Futures Commission (SFC) Intermediaries Department Executive Director Ye Zhi Heng stated at Consensus 2026 that the SFC has officially issued a tender for the “SFC Accelerator” program this morning. The program aims to introduce third-party service providers as communication bridges and may utilize gamification design to optimize interactions between regulatory agencies and market participants, thereby eliminating communication barriers and building mutual trust.

In addition, Ye Zhi Heng provided technical supplements to the measures previously announced by Chief Executive Officer Carrie Lam. He pointed out that in ensuring financial funding, a “two-way linkage” will be implemented, allowing Bitcoin and Ethereum to be used as collateral for securities investments, as well as permitting virtual assets to be used as collateral for traditional securities financing. Regarding perpetual contracts, the SFC will issue a “high-level guidance framework” rather than consultation documents, aiming to guide the market in a more pragmatic way. Initially, participation will be limited to professional investors only. Furthermore, the related market maker mechanism will enable platform subsidiaries to connect to global liquidity pools, preventing Hong Kong’s ecosystem from becoming isolated.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Bloomberg Analyst: IBIT has achieved net inflows turning positive for the year, with BTC investors being more resilient than gold investors

Bloomberg analyst Eric Balchunas noted that Bitcoin spot ETFs saw net inflows of $2.5 billion this month, approaching to fill the year's funding outflow gap. Despite Bitcoin's price dropping about 40%, investors' willingness to hold remains strong, indicating market resilience.

金色财经_10m ago

Rising US treasury yields, war in Iran, rising inflation risk pressure Bitcoin price

Key takeaways: Investors dumped gold and bonds for cash as war-driven oil spikes and inflation forced a defensive market stance. Rising yields and a 20% rate hike chance signal a tight outlook, leaving Bitcoin vulnerable amid soaring US debt. Bitcoin (BTC) retested the $67,500

Cointelegraph18m ago

Hedera and Bitcoin Price Prediction Strengthens As PayPal and SEC Lead Today’s Crypto News – APEM...

The crypto market is gaining renewed confidence as major assets like Bitcoin and Hedera continue to show resilience amid institutional activity. Bitcoin’s ability to hold above key levels while Hedera attracts enterprise-driven interest is reinforcing bullish sentiment. This environment is pushing i

BlockChainReporter1h ago

Strategy Holds Strong With $53.5B In Bitcoin Amid 50% Market Drawdown

_MSTRStrategy holds about $53.5B in Bitcoin, equal to 3.6% of total supply after a 50% market decline in recent months._ _Bernstein keeps a $150K Bitcoin price target for 2026 while noting BTC may have reached a market bottom._ _Strategy raised $7.3B in 2026 to expand Bitcoin holdings,

LiveBTCNews1h ago

21Shares: Actively Managed Crypto ETPs Emerge as New Investment Trend, Global Active ETF Assets Near $1.8 Trillion

21Shares President Duncan Moir stated that actively managed crypto ETPs will become a new market trend, with global assets expected to reach 1.8 trillion dollars by 2025. 21Shares emphasized combining autonomous strategy to manage risk and has launched products linked to high-yield strategies. Market demand for complex structures and staking products is growing, and Duncan Moir pointed out the need to develop new products based on internal research and market trends.

GateNews1h ago

Canadian-listed fintech company DELX plans to launch Bitcoin treasury strategy

Jinse Finance reported that on March 24, Canadian-listed fintech company Delphx Capital Markets Inc (ticker: $DELX) just announced plans to launch a Bitcoin treasury strategy and will purchase 50 million dollars worth of Bitcoin.

金色财经_1h ago
Comment
0/400
No comments