Hong Kong’s SFC to Approve New Batch of Crypto Licenses by Year-End

Hong Kong’s SFC to Approve New Batch of Crypto Licenses by Year-End

The Hong Kong Securities and Futures Commission (SFC) is set to approve a new batch of crypto licenses by the end of this year. Currently, 11 virtual asset trading platforms (VATPs) are under consideration for these licenses. In an interview with Hong Kong 01, China Securities Regulatory Commission (CSRC) CEO Liang Fengyi confirmed that the SFC will issue licenses in phases, aimed at regulating the burgeoning cryptocurrency sector. Earlier th...

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