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.
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
Tim Scott: US Senate Crypto Bill May See Breakthrough, Stablecoin Yield Controversy Enters Critical Stage
US Senate Banking Committee Chair Tim Scott indicated that disagreements regarding stablecoin yield payment provisions could make progress this week, with compromise proposals expected to be received. The bill aims to clarify the US regulatory framework for crypto assets, with ongoing negotiations involving multiple key provisions that, if agreed upon, would have far-reaching implications for the crypto market.
GateNews3m ago
Global Largest Bitcoin ATM Operator Bitcoin Depot License Suspended by Connecticut
Bitcoin Depot's money transmitter license has been emergency suspended in Connecticut due to reasons including excessive fees, failure to fully refund fraudulent transactions, and non-compliance with regulatory requirements. The company's stock price has declined significantly, and internal control deficiencies are expected to be disclosed in the annual report.
GateNews5m ago
Bitcoin Depot suspends operations in Connecticut as Bitcoin ATMs face further compliance issues
Connecticut has suspended Bitcoin Depot's money transmitter license and required the company to halt its Bitcoin ATM operations due to multiple violations regarding fees and information disclosure. The company's stock price has declined, and it faces fines and compliance pressure, which may impact stricter regulatory oversight across the entire industry.
GateNews8m ago
Bitcoin Depot Flags Control 'Weaknesses' as Connecticut Halts Its Operations
In brief
Connecticut has suspended Bitcoin Depot's state money transfer license, without which it cannot run its kiosks.
Regulators said some users were overcharged, while those that fell to scams weren’t fully refunded.
Observers said the order could mark a tougher compliance test for th
Decrypt9m ago
Bitcoin inflows to exchanges reach a new high, with $75,000 becoming a key resistance level
As the crypto market rebounds, on-chain capital inflows to Bitcoin have significantly increased, reaching the highest levels, indicating the market may face selling pressure. Meanwhile, prices are approaching short-term resistance zones, and macro interest rate policies remain a key factor. Market expectations for rate cuts have cooled, which could constrain risk assets.
GateNews13m ago