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- #Gate 2025 Semi-Year Community Gala# voting is in progress! 🔥
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Hong Kong Legislative Council Member: The second round of consultation on the regulation of virtual asset OTC Trading is about to begin.
According to the Gate.io News bot, as reported by Dongwang, Hong Kong Legislative Council member Wu Jiezhuang disclosed that the Hong Kong government is preparing to launch the second round of public consultation on the "Legislative Proposal for Regulating Virtual Asset OTC Trading." Wu Jiezhuang emphasized that the current laws on virtual asset OTC Trading ( OTC ) have not officially come into effect, and that no department of the Hong Kong government has ever issued any virtual asset OTC Trading licenses. Any institution claiming to hold "licensed OTC trader" qualifications is making misleading statements.