programmable payment.  To ensure that the services provided by digital asset business operators without the characteristics of MOP cover all types of digital asset businesses and that the digital asset business

without the characteristics of MOP cover all types of digital asset businesses and that digital asset business operators are able to participate in the BOT’s Programmable Payment Sandbox while promoting

efficiently.  Essentially, the proposed revisions cover the following key domains:(1) Establish multiple levels of expected security controls and oversight techniques that apply differently to licensed

’ businesses, increase their liquidity derived from trading in more than one exchange and access to larger pool of potential investors.This MOU will cover the establishment and functions of the working team

which are divided into six parts. The summaries of the essence are as follows:          (1)  amends the definition of “Securities” in Section 4 to cover other investment products that have substance like

requirements to cover both generic user accounts and high-privileged user accounts, and requiring business operators to manage IT incidents by conducting root cause analysis, maintaining incident records, and

the auditor conducting a special audit is required to extend the scope of work to cover transactions related to creditors, debtors, sales and purchases of content, and other related transactions, as

limitations. As a result of this proposed amendment, the Regulatory Sandbox would cover both pre-trading and post-trading activities in the capital market. The consultation paper is available at https

related regulations have already been put in place, and will expand the scope of the related regulations to cover both inbound and outbound unit offerings in support of the HK-TH MRF project. The

Essentially, the amendments would apply to digital asset business operators, i.e., exchanges, brokers and dealers, and cover the licensing process, from change to the fee payment time frame to