“The Hong Kong Securities and Futures Commission Issues Licenses in 'Lightning Mode', Igniting a Global Frenzy in the Virtual Asset Market!”

The Hong Kong Securities and Futures Commission (SFC) today granted official licenses to four virtual asset trading platforms through an expedited licensing process. The four companies are:

Yun Account Greater Bay Area Technology (Hong Kong) Limited

DFX Labs Company Limited

Hong Kong Digital Asset Trading Group Limited

Thousand Whales Technology (BVI) Limited

This marks an important step in the regulation of Hong Kong's virtual asset industry, further consolidating its position as an international digital financial hub. It is reported that the SFC is using the same expedited licensing process to review applications from other platforms, and more trading platforms are expected to be approved soon.

This move not only instills confidence in industry development but also reflects Hong Kong's speed and determination in promoting the compliance of cryptocurrency. In the future, the compliance ecosystem for virtual asset trading in Hong Kong will be further improved, providing a safer environment for investors.

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