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Major Milestone: Hong Kong Regulator Approves 11 Crypto Exchanges To Operate In The City

Major Milestone: Hong Kong Regulator Approves 11 Crypto Exchanges To Operate In The City


Bitcoinist
2024-06-04 01:00:08

The Hong Kong Securities and Futures Commission (SFC) has recently granted initial approval to 11 cryptocurrency exchanges to continue operating in the city. This marks the first step towards issuing virtual asset trading platform (VATP) licenses since 2022. The move comes as Hong Kong aims to establish itself as a prominent crypto hub alongside global


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