Hong Kong SFC Grants Licenses to Crypto Trading Platforms
Hong Kong’s Securities and Futures Commission (SFC) has officially licensed crypto trading platforms, including Accumulus GBA Technology, DFX Labs, Hong Kong Digital Asset EX, and Thousand Whales.
This move is part of Hong Kong’s strategy to position itself as a global hub for the crypto industry while strengthening its virtual asset regulatory framework.
The SFC will conduct inspections of these licensed platforms, requiring them to undergo vulnerability assessments and independent penetration tests conducted by third-party examiners to ensure compliance and security standards.