Market Cap
24h Vol
6566
Cryptocurrencies
51.43%
Bitcoin Share

DFX Labs Nears Full Operational License in Hong Kong Amid Regulatory Push for Global Crypto Startups

DFX Labs Nears Full Operational License in Hong Kong Amid Regulatory Push for Global Crypto Startups


CryptoIntelligence
2024-06-27 00:11:00

Hong Kong-based crypto trading platform DFX Labs is nearing a full operational license after receiving clearance under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO). According to public records from the Securities and Futures Commission (SFC) of Hong Kong, DFX Labs is “deemed to be licensed for providing the virtual asset service.” However, despite holding an active AMLO license, the platform is not yet authorized to offer crypto trading services. The records clarify: “The Applicant is only deemed to be licensed for providing the virtual asset service below. The SFC has NOT granted a license to the Applicant under the


Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.