LEUNG Fung Yee, Chief Executive Officer (CEO) of the Securities and Futures Commission (SFC), pointed out in an interview, that the SFC would announce the Guidelines for Virtual Asset Trading Platform Operators (VATP Guidelines) in May, and the new regime would take effect on June 1. Hong Kong is committed to steadily promoting the sustainable and responsible development of the virtual asset industry, and the regulatory policies gradually become apparent. Beginning in this new era, the Accumulus Cryptocurrency Trading Platform (The “Accumulus Platform” for short) will launch two large campaigns: Newcomer Rewards and Profit Mark-up on the Accumulus Platform on May 15 to give back to users. We insist that we should be operated in one place in Hong Kong, sets up a full-scale team, and deploys servers to respond to market demand in a timely manner, with a hope to build the trading platform that is most adaptable to Hong Kong market and focuses on serving local investors under the guidance of Hong Kong regulators.
In the new round of technological revolution, Web 3.0 becomes an important breakthrough and opens field for competition. China will not miss the opportunity of this era, and Hong Kong will serve as a key role in the strategic layout to earn the world’s leading position. The regulatory regime in Hong Kong that is adapted to the prosperity and development of Web 3.0 will create a world-class benchmark. Under this grand vision and after finishing the outbound investment approval and filing procedures approved by the Development and Reform Commission and other government departments in China, Accumulus Technology (China) Co., Ltd., one of the Top 500 Enterprises of China, with an annual revenue of nearly 110 billion Hong Kong dollars in 2022, established Accumulus GBA Technology (Hongkong) Co., Ltd. (“Accumulus [Hong Kong]” for short). Accumulus (Hong Kong) operates the Accumulus Platform, focuses on the industry’s vision in the next 30 years, and will strive to make us a demonstration platform for virtual asset regulation by taking full play of the advantage of law-based resources and experience in new business forms on digital economy in the Chinese mainland.
From May 15 to May 21, new users who complete the registration and identity verification, trade any kind of trading pairs and achieve an accumulated transaction value of 30 USDT, will win 100 USDT rewards . Besides, users trade and gain profit on the Accumulus Platform during May 15 to May 21 will share a total of 70 000 USDT Cash Rewards and 28 000 USDT Transaction Fee Deduction. We aim to give back to Hong Kong users by carrying out campaigns and invite more investors to experience the long-term, stable and diversified asset allocation services under regulation.
*Including 30 USDT Cash Rewards (withdrawable) and 70 USDT Transaction Fee Deduction (valid for a year; fully deducted and used in multiple times). The campaigns will automatically end when the number of participants reaches 200.