Coming soon‼ ️Hong Kong is about to launch a new crypto license‼ ️
According to Ta Kung Pao, OSL Group Chief Financial Officer Hu Zhenbang revealed in a latest interview that Hong Kong may launch a licensing system for cryptocurrency "money changers" in the short term. In addition, the SAR government has introduced different regulatory measures, including anti-money laundering and prevention of hackers, and has taken the initiative to promote market standardization and actively explored relevant policy formulation plans, which has made Hong Kong's advantages in the development of the virtual asset market more and more obvious. Hu Zhenbang said that after the licensing system takes effect, the account opening process alone, including identity authentication, is strictly regulated, and in recent years the SAR government has been very positive about the development of virtual assets, and there are new policies almost every quarter to promote market development. The characteristics of Hong Kong's virtual asset licenses also expand the advantages of the entire market.
