Bitcoin

Binance, the world's largest cryptocurrency exchange, has reportedly established a crypto trading platform in Hong Kong in a bid to obtain a local crypto license.
<h2 id="binance-launches-crypto-trading-platform-in-hong-kong-requires-local-license">Binance Launches Crypto Trading Platform in Hong Kong, Requires Local License</h2>
This development was first reported by the South China Morning Post, based on information received from three reliable sources with knowledge of the situation.
According to the local newspaper, the exchange named HKVAEX was established under the umbrella of Binance and has shown great interest in obtaining a license to operate within Hong Kong jurisdiction.
As of now, neither Binance nor HKVAEX has responded to requests for comment.
Related News: <a href="https://en.bitcoinsistemi.com/bitcoin-exchange-upbit-announces-the-launch-of-staking-service-for-this-altcoin/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin Exchange Upbit Announces the Launch of Staking Service for This Altcoin!</a>
Although HKVAEX was established as an independent organization, the report highlights that both companies share certain resources, pointing to a collaborative effort between the two.
In an official statement, HKVAEX told the local media outlet that it functions as an autonomous platform with its own dedicated team.
He also stated that he is currently in the process of preparing a license application to operate as a cryptocurrency trading platform.
*This is not investment advice.
 Continue Reading: <a rel="noopener noreferrer nofollow" href="https://en.bitcoinsistemi.com/bitcoin-exchange-binance-established-a-stock-exchange-to-obtain-a-license-in-hong-kong-here-are-the-details/">Bitcoin Exchange Binance Established a Stock Exchange to Obtain a License in Hong Kong: Here are the Details!</a>

Bitcoin Exchange Binance Established a Stock Exchange to Obtain a License in Hong Kong: Here are the Details!

Table of Contents

Bitcoin Sistemi EN

Other articles published on Oct 25, 2023

Pigeons Demonstrate AI-Like Problem Solving Skills in Recent Study

Global 2023 Crypto Adoption Rankings

Bitfinex to Launch Tokenized Bonds: A Trillion Dollar Opportunity

Hashdex engages in dialog with SEC over Bitcoin DeFi ETF filing

ECB details how the digital euro will future-proof the European market

Binance Makes Investments in Altcoins: Which Ones and Why?

Join our free newsletter for daily crypto updates!