PANews reported on November 11 that according to RTHK, Hong Kong Securities and Futures Commission CEO Leung Fung-yee said that Bitcoin has been rising strongly in recent days, but the SFC will focus on the blockchain technology behind virtual assets and the financial technology and services it generates, and will accelerate the development of financial technology and blockchain-based ecosystems, including tokenized bonds or investment products, to make traditional financial settlements more efficient. She said at an event that the use of central bank digital currencies and stablecoins can reduce remittance costs, and believes that opportunities should be given before technology matures to become a more stable and efficient platform.
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