🏦 Hong Kong Monetary Authority makes strides in crypto space! 💼🌐 The Vice President announced at a press conference that they intend to pursue a Virtual Asset Trading Platform (VATP) license in Hong Kong. Notably, VATP license applicants are ensured access to basic banking services. This comes as Hong Kong rolled out new cryptocurrency regulations on June 1, mandating the acquisition of a cryptocurrency exchange license. Embracing crypto's evolving landscape! 💱🚀 #HKMonetaryAuthority #CryptoLicensing #VirtualAssetTradingPlatform