Alchemy Pay announces that its Hong Kong strategic investor HTF Securities has received approval from the Hong Kong Securities and Futures Commission to upgrade to virtual asset trading services, covering both professional and retail investors. Meanwhile, Alchemy Chain stablecoin payment public chain launched its testnet in March, with over 150,000 test addresses.

The Hong Kong Securities and Futures Commission's Q4 2025 report shows that Hong Kong's virtual asset market continues to grow, with listed digital asset ETFs experiencing significant increases in total market value, and tokenized retail money market fund assets under management also rising notably. Fund net inflows surged 118.5%, demonstrating active market conditions.

The Hong Kong Securities and Futures Commission released a report in 2025 showing that it has joined the Virtual Asset Intelligence Working Group to support the development of digital asset markets. Since 2024, the total market capitalization of virtual asset ETFs listed in Hong Kong has grown to 5.4 billion Hong Kong dollars. Meanwhile, tokenized retail money market funds have also experienced significant growth, with both the overall market's assets under management and the number of funds achieving substantial increases.

PANews February 20 News, according to the Hong Kong Stock Exchange announcement, Delin Holdings announced that its subsidiary Delin Securities has officially opened virtual asset trading services to qualified investors, and all trading instructions are processed through a licensed platform by the Hong Kong Securities and Futures Commission. Fund clearing, asset custody, and compliance monitoring are all conducted under the regulatory framework of the SFC.

ChainCatcher reports that, according to the Hong Kong Economic Journal, the "HOMEO Trend" token has been added to the Hong Kong Securities and Futures Commission's list of suspicious investment products. The token is operated and promoted by Excellence Homeopathy (Hong Kong), and it is suspected to be sold to the public through lectures held in Hong Kong, claiming to generate returns for investors. The Hong Kong Securities and Futures Commission emphasizes that this product has not been approved by regulatory authorities for sale to the Hong Kong public, and the relevant disclosure documents have not been reviewed by the SFC. The regulatory authority warns investors to exercise extreme caution, as investing in such unapproved products could lead to significant or total loss of funds.

Hong Kong Securities and Futures Commission Chief Executive Julia Leung stated at Consensus 2026 that an ecosystem for virtual asset regulation will be established, along with three new initiatives, including allowing brokers to provide virtual asset financing for clients, establishing a regulatory framework for perpetual contracts, and relaxing related market maker regulations. Tokenized asset management is growing rapidly, and the SFC has authorized multiple tokenized funds and plans to work with the SAR government to advance legislation.

ChainCatcher News: Crypto payment company Alchemy Pay announced that it has partnered with licensed Hong Kong Securities and Futures Commission (SFC) entity HTF Securities Limited to upgrade its Type 4 (Advising on Securities) license to VA. This development builds on Alchemy Pay's previous strategic investment in HTF Securities, and the two parties will also collaborate to advance the upgrade application for virtual asset license types 1 and 9.

Odaily Planet Daily reports that the Hong Kong Securities and Futures Commission (SFC) has issued an official warning, alerting the public to be cautious of a suspicious investment product promoted by Jin Feng Lai and Angel Guardian Alliance Technology Limited. The product is AI-themed and involves so-called high-frequency trading arrangements, claiming to generate monthly returns of approximately 3% to 8% through "AI Quantum High-Frequency Trading." The SFC pointed out that it has received reports of investors encountering difficulties when attempting to withdraw funds and urged the public to stay vigilant.

Odaily Planet Daily reports that the Hong Kong Securities and Futures Commission announced today that "Shengjiangxiang Yuanjiang Liquor (VSFOLT)" and "Sheng•Jiangxiang Yuanjiang Liquor" RWA tokens have been classified as suspicious investment products. It is understood that the related products claim to represent several physical assets of Baijiu raw liquor and shares of a Hong Kong-listed company. Investors can also share profits after the product matures. The Hong Kong SFC reminds investors to exercise extreme caution, as they may suffer significant or even total losses in the related investments.

Foresight News: The Hong Kong Financial Services and the Treasury Bureau (Treasury Bureau) and the Securities and Futures Commission (SFC) jointly issued a consultation summary on legislative proposals for establishing a licensing regime for virtual asset trading and custody service providers. Today, the Hong Kong Treasury Bureau and the SFC also launched a one-month public consultation on the licensing regime for service providers offering virtual asset advisory services and virtual asset management services.