Hong Kong's Securities and Futures Commission (SFC) has launched a tender for a virtual asset trading monitoring system. According to the Hong Kong Economic Journal, the SFC has launched a tender for a virtual asset trading monitoring system, aiming to continuously upgrade its regulatory capabilities. The tender deadline is reportedly November 7, 2025, and the winning bidder is expected to be determined in the first half of 2026. This will strengthen the detection of unusual movements in virtual asset transactions.