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Hong Kong approves four new virtual asset trading platforms for licensing

The Hong Kong Securities and Futures Commission (SFC) has licensed four new virtual asset trading platforms, bringing the total to seven. The approved firms underwent rigorous inspections focusing on client asset protection, KYC processes, and cybersecurity. Eleven more platforms are awaiting approval, with the SFC planning to issue licenses in batches through 2026 to enhance regulation and promote blockchain technology.
Cointelegraph
HKG Julia Leung Eric Yip Show more
Regulatory & Legal, Market Report
18:33 18.12.2024
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