《Analysis of Hong Kong's Virtual Asset VA OTC Regulatory Framework: Compliance Pathways and Strategic Considerations》 (Author: Aiying pony) The principle of 'Same Activity, Same Risks, Same Regulation' is the golden rule that runs through all financial innovation regulations in Hong Kong. For the hundreds of existing OTC service providers in the market (especially physical exchange shops and online platforms), the transition period arrangements are critical to their survival. Regulators tend to avoid offering a 'deeming arrangement' for automatic transitions. The VA Dealing license does not exist in isolation. In the future, licensed OTC service providers will form a closer, interconnected ecosystem with licensed VATPs, licensed VA custodians, licensed stablecoin issuers, and traditional financial institutions. Read the full article: http://(wublock123.com)/index.php?m=content&c=index&a=show&catid=47&id=47610