According to @business, Julia Leung is set to be given another three-year term as head of the Hong Kong Securities and Futures Commission, extending leadership continuity at the regulator; source: Bloomberg. For crypto traders, the SFC administers Hong Kong’s licensing regime for virtual asset trading platforms that took effect in 2023, defining admission, custody, and investor-protection rules that directly influence exchange operations and market structure; source: Hong Kong SFC. Traders should monitor official SFC circulars and licensing updates, as these documents set conditions and permissions that impact access, compliance, and liquidity in Hong Kong’s crypto market; source: Hong Kong SFC.