Hong Kong Grants Operating Licenses to Four Exchanges Including DFX Labs
YM Lee
Summary
- The Hong Kong Securities and Futures Commission announced that it has granted operating licenses to four virtual asset exchanges.
- It has been confirmed that exchanges such as HKbitEX, Accumulus, DFX Labs, and X IO have received license approvals.
- Hong Kong plans to accelerate the approval process for the virtual asset exchange licensing system.
The Hong Kong Securities and Futures Commission has granted operating licenses to four virtual asset (cryptocurrency) exchanges.
According to a report by The Block on the 19th (local time), the Hong Kong Securities and Futures Commission announced that it has approved license permits for four exchanges: HKbitEX, Accumulus, DFX Labs, and X IO.
Hong Kong officially launched a licensing regime for virtual asset trading platforms (VATP) in June 2023 and recently announced plans to expedite the approval process.
YM Lee
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