Wu said that the Hong Kong Securities and Futures Commission has officially released guidelines for licensed virtual asset trading platforms and recognized virtual asset funds to develop pledge related policies. For licensed virtual asset trading platforms: they are allowed to provide pledge services, but measures must be taken to reduce risks, protect customer assets, and fully disclose pledge risks. Regarding the recognition of virtual asset funds by the China Securities Regulatory Commission: they are allowed to participate in pledge activities, but only through licensed trading platforms and authorized institutions, and must comply with liquidity risk management restrictions. https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=40587