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Victory

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 <p class="is-style-lead">In a post made Nov. 23 on LinkedIn, David Friedland, the Managing Director of the Asia Pacific region for Interactive Brokers, shares an early announcement of a Hong Kong license approval.</p>
 <p>The <a rel="noopener noreferrer nofollow" title="license" href="https://thebittimes.com/tag/license.html">license</a> is said to allow retail clients to <a rel="noopener noreferrer nofollow" title="trade" href="https://thebittimes.com/tag/trade.html">trade</a> Bitcoin (BTC) and Ethereum (ETH).</p>
 <h2 class="wp-block-heading" id="a-surge-in-activity">A surge in activity</h2>
 <p>The recent announcement from Victory Securities coincides with a rush in crypto industry activity in Hong Kong, which has emerged as a focal point for crypto-related endeavors, attracting numerous companies seeking local licensing.</p>
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   David Friedland LinkedIn Post | Source: LinkedIn
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 <p>Notably, in August of this year, Hashkey secured the distinction of being the first crypto exchange in Hong Kong to obtain a specific license permitting the offering of crypto assets to retail investors.</p>
 <p>Friedland shares that an official announcement from the company should come available soon.</p>
 <div class="cn-block-related-link">
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"><use xlink:href="#"></use>
  </svg> <span class="cn-block-related-link__prefix"> You might also like: </span> Victory Securities gains approval by Hong Kong SFC
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 <h2 class="wp-block-heading" id="the-race-continues">The race continues</h2>
 <p>News of Interactive Brokers receiving a <a rel="noopener noreferrer nofollow" title="license" href="https://thebittimes.com/tag/license.html">license</a> comes just before Nov. 24 from the Hong Kong-based securities firm Victory Securities, which also shared that it received approval from the Hong Kong SFC to provide <a rel="noopener noreferrer nofollow" title="virtual" href="https://thebittimes.com/tag/virtual.html">virtual</a> <a rel="noopener noreferrer nofollow" title="asset" href="https://thebittimes.com/tag/asset.html">asset</a> trading and consulting services to retail investors.</p>
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   <noscript><iframe title="Hong Kong's Plans For Crypto: Secretary For Financial Services And The Treasury | In Conversation" width="1020" height="574" src="https://thebittimes.com/image/getimage/?url=https://www.youtube.com/embed/MNWyRbHSpQ0?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe>
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 <p>According to Victory Security’s executive director Chen Peiquan, this achievement marks a historic milestone, positioning the firm as the inaugural licensed corporation in Hong Kong to be granted permission to extend these services to retail investors.</p>
 <p>With two major announcements within the same 24-hour period, it becomes clear to the world the race towards virtual asset adoption in Hong Kong is on.</p>
 <div class="cn-block-related-link">
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"><use xlink:href="#"></use>
  </svg> <span class="cn-block-related-link__prefix"> Read more: </span> Crypto VC firm CoinFund enters Hong Kong as capital moves to Asia
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/interactive-brokers-hong-kong-receives-license-to-trade-virtual-assets-tbt71523.html">https://thebittimes.com/interactive-brokers-hong-kong-receives-license-to-trade-virtual-assets-tbt71523.html</a></p>

Interactive Brokers Hong Kong receives license to trade virtual assets

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