Hong Kong Chief Executive John Lee: Has requested the police and the Securities and Futures Commission to meet with the media this afternoon to explain the JPEX-related incident

ChainCatcher news, Hong Kong SAR Chief Executive John Lee stated that regarding the virtual asset trading platform JPEX case, he has requested the police and the Securities and Futures Commission to meet with the media this afternoon (19th) to explain the relevant events.

John Lee pointed out that the SAR government's policy stance on virtual assets is to have an effective regulatory system, to ensure that information related to virtual assets is disclosed openly and transparently, and to emphasize and promote investor education.

John Lee mentioned that this incident reflects the importance of regulation, including the necessity to invest in regulated and licensed trading platforms, and the importance of individuals understanding virtual assets and the associated risks. He emphasized that the current licensing system is designed to protect investors, and the Securities and Futures Commission will monitor market changes to ensure that investors' interests are fully protected. The authorities will also vigorously promote investor education.