The Hong Kong Securities and Futures Commission (SFC) has launched a fundraising campaign to support Tai Po fire victims, reflecting a growing trend of utilizing both traditional finance and cryptocurrency in philanthropic initiatives. The initiative focuses on assisting residents of Hung Fuk Court, with all funds directed towards the Hong Kong SAR Government’s relief fund. Additionally, the SFC will utilize funds from its canceled annual staff dinner to bolster the effort. Cryptocurrency firms like Binance have joined the fundraising drive, highlighting industry participation and demonstrating the potential of virtual assets in supporting social causes. The SFC’s decision underscores a collaborative approach between regulators and the financial sector during times of need.