2024

Coin

<ul class="news-points wp-block-list">
 <li>Hong Kong’s Securities and Futures Commissions (SFC) set to issue new licensing for crypto exchanges.&nbsp;</li>
 <li>In a bid to regulate OTC and Custody services, the Chinese Securities Regulatory Commission has developed a new licensing system.&nbsp;</li>
 <li>Market research finds that adoption for cryptocurrency in Hong Kong has continued to soar.&nbsp;</li>
</ul>
Hong Kong’s Securities and Futures Commission (SFC) is getting ready to issue new licenses for cryptocurrency exchanges and crypto-related companies this year.
The <a href="https://www.hk01.com/%E5%B0%88%E9%A1%8C%E4%BA%BA%E8%A8%AA/1063762/%E8%AD%89%E7%9B%A335%E5%B9%B4-11%E5%AE%B6%E8%A2%AB%E7%95%B6%E4%BD%9C%E7%8D%B2%E7%99%BC%E7%89%8C%E8%99%9B%E6%93%AC%E8%B3%87%E7%94%A2%E5%B9%B3%E5%8F%B0-%E6%96%99%E5%B9%B4%E5%BA%95%E5%89%8D%E6%88%96%E5%88%86%E6%89%B9%E7%99%BC%E7%89%8C" target="_blank" rel="noopener noreferrer nofollow">announcement</a> aligns with the SFC’s 2024 to 2026 goals, which include enhancing the landscape of Hong Kong’s capital market to strengthen global competitiveness and spearheading the transformation of Hong Kong’s financial market with technology and ESG, amongst other things.&nbsp;
Leung Fengyi, CEO of China’s Securities Regulatory Commission, spoke about the efforts to improve the Virtual Asset Trading Platform (<a href="https://coinedition.com/virtual-asset-trading-drives-growth-in-hong-kongs-markets/" rel="noopener noreferrer nofollow">VATP</a>). He noted that the SFC has already issued licenses to three crypto exchanges: OSL Exchange, HashKey Exchange, and the Hong Kong Virtual Asset Exchange (HKVAX).
Fengyi also highlighted the importance of strengthening the current regulatory system for virt…
The post <a href="https://coinedition.com/hong-kong-sfc-to-issue-new-crypto-exchange-licenses-this-year/" rel="noopener noreferrer nofollow">Hong Kong SFC to Issue New Crypto Exchange Licenses This Year</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Hong Kong SFC to Issue New Crypto Exchange Licenses This Year

Coin Edition

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