Hong Kong Plans New Licensing Rules for Virtual Asset Advisors
- Regulatory Framework Expansion: Hong Kong authorities plan to submit new licensing rules for virtual asset advisory and management service providers to the Legislative Council in 2026, aiming to enhance oversight of the digital asset market through the principle of 'same business, same risks, same rules,' thereby improving investor protection and risk controls.
- Broad Market Support: The consultation received 51 submissions from market participants, industry groups, and professional bodies, indicating widespread support for the new regulations, which reflects the industry's recognition and anticipation of strengthened oversight, potentially fostering healthy market development.
- Compliance Alignment with Traditional Finance: The new rules will align virtual asset advisory services with Type 4 regulated activities and virtual asset management services with Type 9 regulated activities under the Securities and Futures Ordinance, requiring related firms to adhere to compliance standards similar to traditional asset managers, thus raising industry benchmarks.
- Policy Innovation and Risk Control: The Secretary for Financial Services and the Treasury stated that the new rules are part of Hong Kong's digital asset policy, aimed at supporting responsible financial innovation while enhancing market transparency and security through a refined regulatory framework, ultimately boosting investor confidence.
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Technical Analysis for FLOW
Technical Sentiment Analysis for Flow (FLOW). As of , Flow (FLOW) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 3 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for FLOW stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, FLOW is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Flow (FLOW) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0271 | 0.03 | 0.0325 | 0.0354 | 0.0379 | 0.0407 | 0.0433 |
| Fibonacci | 0.03 | 0.032 | 0.0333 | 0.0354 | 0.0374 | 0.0387 | 0.0407 |
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