The Securities and Futures Commission (SFC) is taking measures to address concerns about unregulated virtual asset trading platforms (VATPs). They aim to reinforce information dissemination and investor education. The SFC acknowledges the benefits and risks of virtual asset activities and has implemented a comprehensive regulatory framework since 2017. They have strengthened licensing and supervision powers over VATPs and imposed stringent requirements for investor protection. The SFC will monitor VA activities, educate investors, and publish lists of licensed, closing-down, and suspicious VATPs. They will enhance awareness campaigns, intelligence gathering, and cooperation with the police. The SFC is committed to protecting investors and fostering responsible development in Hong Kong’s Web3 ecosystem.