Crypto exchange Bullish secures regulatory approval to offer service in Hong Kong

Peter Thiel-backed crypto exchange Bullish has obtained licensing approval from the Hong Kong Securities and Futures Commission for its Hong Kong arm.

Bullish Global, the cryptocurrency exchange backed by Peter Thiel, has secured two licenses for its Hong Kong arm, allowing it to offer securities dealing and automated trading, along with approval to run a virtual asset trading platform in the city.

In a Feb. 19 blog announcement, the exchange said the approval lets it provide regulated digital asset services to eligible customers in Hong Kong.

Bullish chief executive Tom Farley says the license serves as a “testament to Bullish’s dedication to expanding our global footprint and continuation of our commitment…

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