The Hong Kong Securities and Futures Commission is bidding for a virtual asset trading monitoring system and expects to determine the winning bidder in the first half of next year.

The Hong Kong Securities and Futures Commission (SFC) is soliciting bids for a virtual asset trading monitoring system. Bids close on November 7th, and the winning bidder is expected to be determined in the first half of next year. The SFC's tender documents do not provide any specific system requirements or implementation timeline, stating only that interested parties can attend a briefing session, likely due to project confidentiality. The SFC responded that information regarding the tender has been published on its website and no further details are available at this time. (Hong Kong Economic Times)