Sun Yuchen: Virtual Asset Rating Rules Show Hong Kong's Determination to Provide a Safe and Transparent Environment for the Crypto Industry

Comparing news, Sun Yuchen, founder of Bochang TRON and a member of Huobi's Global Advisory Committee, retweeted Binance founder Zhao Changpeng's tweet about Hong Kong's virtual asset rating rules and said he was happy to see Hong Kong embrace cryptocurrencies by establishing rating rules. The implementation of the rating rules demonstrates Hong Kong's commitment to providing a safe and transparent environment for cryptocurrency businesses. Earlier, it was reported that Hong Kong's virtual asset rating agency HKVAC recently announced the virtual asset index calculation method and calculation rules. The index consists of the first batch of 30 tokens, of which TRX, the native token in the Wavefield TRON ecosystem, was selected. Other selected tokens include WBTC, BTCB, stETH, BCH, LINK, OKB, etc. At the end of each quarter, HKVAC will review and adjust the relevant tokens. The results will be announced two weeks after the end of the quarter and implemented three weeks after the end of the quarter.