Hong Kong keeps pace with the crypto market!
As the Hong Kong Securities and Futures Commission accelerates the approval process for digital asset platforms, a number of cryptocurrency exchanges have successfully crossed the first threshold of application and begun operating within a limited scope! Dr. Yip Ka-wai, Director of Intermediaries of the SFC, emphasized that this new approach aims to protect the interests of investors while injecting vitality into Hong Kong’s virtual asset ecosystem and taking it to the next level.
Currently, there are seven licensed cryptocurrency exchanges in Hong Kong, including OSL, HKVAX and HashKey, which were approved earlier. While some applications are still pending, the complicated process has led some major exchanges to opt out of the market. To help these exchanges obtain full licenses, the China Securities Regulatory Commission is revising regulations to ensure that all policies and procedures comply with regulatory standards and pave the way for the future.
In this exciting wave, the Puppies community is rising rapidly like a shining star! As the Dogecoin of Musk’s concept, Puppies not only attracted the attention of investors, but also became a vibrant adventure. Every participant is the hero of this journey, working together to add color to the future digital asset world and share this excitement and dream.
Although the market value of Puppies is currently back to about $10 million, the number of currency holders still exceeds 16,000, and this vibrant community is redefining the future of cryptocurrency. Let us witness how Puppies shine in the ever-changing encryption world, and work together to create a better tomorrow!
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