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Specific Instruction: You should do question 1. This work should contain your personal opinion and back it up with sources from HONG KONG Jurisdiction

You are required to submit an Individual essay on your comments on the impacts of fintech development in Hong Kong legal and regulatory framework. You are required to give full citations appropriately in your writing. Adopting a critical approach to write your essay is recommended. Please choose one of the following topics.

1) Should Hong Kong Monetary Authority regulate virtual assets in Hong Kong What are the possible pros and cons for imposing such regulations?

2) What are the prospects and challenges for the Securities and Futures Commission to regulate crypto platforms by licensing to protect retail investors in Hong Kong? The information below is only for your reference and you must do your own research

https://www.hkma.gov.hk/eng/news-and-media/press-releases/2022/01/20220112-3
https://appssfc.hk/edistributionWeb/api/consultation/conclusion?lang=EN&refNo=23CP1

htps://apps.sfc.hk/edistributionWeb/gateway/EN/news-and-announcements/news/doc?refNo=23PR53

https:/charltonsquantum.com/legal/our-work/2021/hong-kong-crypto-law-crypto-regulation-march-2021.pdf

here are the links again

https://www.hkma.gov.hk/eng/news-and-media/press-releases/2022/01/20220112-3
https://apps.sfc.hk/edistributionWeb/api/consultation/conclusion?lang=EN&refNo=23CP1
https://apps.sfc.hk/edistributionWeb/gateway/EN/news-and-announcements/news/doc?refNo=23PR53
https://charltonsquantum.com/legal/our-work/2021/hong-kong-crypto-law-crypto-regulation-march-2021.pdf

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