Hong Kong SFC to carry out onsite inspections for crypto license applicants

2024-5-29 15:15

Hong Kong Securities and Futures Commission (SFC) is set to inspect the offices of cryptocurrency trading platforms seeking to operate in the area as licensed virtual asset trading platforms (VATPs).

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Hong Kong Now Offers Opt-In Regulation to Crypto Exchanges

Hong Kong’s Securities and Futures Commission has established a new regulatory framework that allows crypto exchanges to opt-in to be licensed and regulated. Starting Wednesday, centralized trading platforms can apply for a license, providing they meet certain requirements including adequate measures for the safe custody of assets, insurance, hot and cold wallets, and private key […] The post Hong Kong Now Offers Opt-In Regulation to Crypto Exchanges appeared first on Bitcoin News.

2019-11-7 07:35