Hong Kong Virtual Asset Exchange (HKVAX) has received a license from the Securities and Futures Commission (SFC) to service retail clients. It is the third exchange to receive a full license in Hong Kong.
- HKVAX can now trade securities and provide automated trading services.
- Key services: OTC trading, trading platform, insured custody.
- Hong Kong is slowly but surely moving towards the status of a fintech hub. 🏦
However, the HKVAX website warns that the platform and registration system are still being finalized.
Source: Hong Kong Virtual Asset Exchange