SFC CEO Leung: virtual assets are a tool ‘in the race for financial supremacy’

Hong Kong's top securities regulator, Julia Leung of the SFC, is doubling down on crypto oversight—not to stifle innovation, but to position the city as a heavyweight in the global financial arena. At a high-profile summit, she framed virtual assets as strategic chess pieces in a larger battle for economic influence, hinting at expanded regulations beyond just trading platforms.