11 of Hong Kong’s Crypto Platforms to Get Licenses
Hong Kong is stepping up its crypto game, and to level up it further 11 of Hong Kong’s crypto asset platforms are expected to get licenses before the end of the year.
On October 7, Hong Kong Securities and Futures Commission CEO Julia Leung Fung-yee said in an interview with ‘Hong Kong 01’ that promoting the regulatory system for virtual asset trading platforms, supporting the tokenization of traditional products, and using regional chains and Web 3 basic technologies, “will complete the entire framework at least next year.”
Speaking on the virtual asset trading platform, Fung-yee shared that Hong Kong SFC has issued the third license to the Hong Kong Virtual Asset Exchange (HKVAX), and the other two licensed firms – OSL…
