According to Odaily Planet Daily, LianLian Digital, a Hong Kong-listed company, announced that its wholly-owned subsidiary DFX Labs Company Limited has obtained the VATP license issued by the Hong Kong Securities and Futures Commission.
The VATP license authorizes DFX Labs to carry out Type 1 (securities trading) and Type 7 (providing automated trading services) regulated activities under the (Securities and Futures Ordinance) and to establish and operate a compliant VATP in Hong Kong under the (Anti-Money Laundering and Counter-Terrorist Financing Ordinance).