Hong Kong SFC Approves Three New Virtual Asset Platforms
The approvals extend the territory's licensing regime to a wider set of custody and trading operators.
Three additional platforms received licences under Hong Kong's virtual asset trading regime, bringing the total number of approved operators into double digits.
Regulators have paired the approvals with tighter proof-of-reserve and segregation requirements, which take effect at the start of the next reporting period.
- Hong Kong
- SFC
- licensing
About the author
Julian Thorne — Julian Thorne leads MyBunnyFarm's coverage of financial regulation, central bank digital currency programmes and cross-border enforcement. He has covered European financial rulemaking for eleven years, including the full passage of MiCA, and reads consultation papers so readers do not have to.
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