Hong Kong Issues Four More Approvals For Crypto Exchanges
Hong Kong has approved four new cryptocurrency exchanges as part of the city’s ongoing efforts to establish itself as a global hub for digital asset trading.
The newly licensed platforms include Accumulus GBA Technology Co., DFX Labs Company, Hong Kong Digital Asset EX, and Thousand Whales Technology (BVI).
In total, there are now seven licensed virtual asset trading platforms in Hong Kong, with the new exchanges joining previously approved HashKey, OSL, and HKVAX.
Nick Ruck, director at LVRG Research, said the approvals underscore the city’s long-term commitment to digital assets.
The Hong Kong Securities and Futures Commission (SFC) stated that the approvals were granted under a “swift licensing process.”
The move also comes one…
