During his address on the regulatory framework in Hong Kong, Mr. Feng highlighted the existing scope for improvement and noted that even more refined regulations can be potentially implemented. Of particular import was his view on approaching the precious Security Token Offerings (STOs). As anticipation for clarification swirls, fortunately the Hong Kong Securities regulatory Commission is formulating a comprehensive circular explains the nuances of these STOs; lending asset credibility and substantive link to the real, functioning economy.
This proposed rule are seen as truly gems of renewable clarity for the ecosystem as stakeholders would have explicit guidelines as to comprehend thees the process that translates these digital money to true, purchable financial influence. It is considered that this bolstered visibility should significantly increase trust amongst the family, instilling an atmosphere more suitable to capital deployment. Xiao Feng was thoroughly enjoying his awaited response.
