PANews December 18 news, according to Sina Finance, the Hong Kong Securities and Futures Commission today issued licenses to four applicants for virtual asset trading platforms under the fast licensing procedure. The four applicants for virtual asset trading platform licenses are Cloud Account Greater Bay Area Technology (Hong Kong) Limited, DFX Labs Company Limited, Hong Kong Digital Asset Trading Group Limited, and Thousand Whales Technology (BVI) Limited. The Securities and Futures Commission is reviewing the remaining applications under the same fast licensing procedure.
Dr. Ye Zhiheng, Executive Director of the Intermediary Institutions Department of the Securities and Futures Commission, stated: “Our commission has always actively communicated with the senior management and ultimate controllers of virtual asset trading platforms. This helps us clarify the regulatory standards they need to meet and accelerates the licensing process for virtual asset trading platforms. Our commission is committed to striking a balance between protecting investor interests and promoting the sustainable development of Hong Kong's virtual asset ecosystem.”
