Techub News: Hong Kong-listed company Lianlian Digital has announced that its wholly-owned subsidiary DFX Labs Company Limited has obtained a set of licenses (VATP license) issued by the Hong Kong Securities and Futures Commission under its Virtual Asset Trading Platform (VATP) licensing regime.

The VATP license authorizes DFX Labs to conduct regulated activities under the Securities and Futures Ordinance for Type 1 (securities trading) and Type 7 (providing automated trading services), and to establish and operate a compliant VATP in Hong Kong in accordance with the Anti-Money Laundering and Counter-Terrorist Financing Ordinance.