[Data: Q1 Trading Volume of 12 Licensed Virtual Asset Trading Platforms in Hong Kong Nearly Tripled Year-on-Year, Brokerage Commission Revenue Grew Over 80% Last Year] Odaily Planet Daily News – In a recent speech, Hong Kong Securities and Futures Commission (SFC) Chairman Julia Leung disclosed that Hong Kong has been systematically expanding the range of products and services that licensed institutions can offer. This includes providing professional investors with more diversified product options, piloting secondary market trading of tokenized products, launching virtual asset-related financing services, and establishing a regulatory framework for leveraged virtual asset products. The 2025 trading volume of Hong Kong's 12 licensed virtual asset trading platforms has already exceeded HKD 640 billion, with trading volume in the first quarter of this year showing a significant year-on-year increase of nearly threefold. Additionally, brokerage firms engaged in virtual asset-related businesses saw their commission revenue grow by over 80% year-on-year last year. On the regulatory front, Hong Kong plans to optimize its comprehensive regulatory framework for virtual assets, covering key areas such as custody, trading, asset management, and investment advisory. The public consultation on the relevant licensing regime has been completed, and legislative proposals will be finalized with the Hong Kong Financial Services and the Treasury Bureau. The goal is to submit a bill to the Legislative Council by 2026 to establish a regulatory system that fully aligns with international standards and strictly adheres to the principle of 'same business, same risks, same rules.'