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The Hong Kong Securities and Futures Commission has updated the list of virtual asset trading platforms. According to the Anti-Money Laundering and Counter-Terrorist Financing Ordinance, 11 platforms including HKbitEX, PantherTrade, Accumulus, DFX Labs, Bixin.com, xWhale, YAX, Bullish, Crypto.com, WhaleFin, and Matrixport HK are deemed to be licensed; only 6 platforms including BGE, HKVAX, VDX, bitV, HKX, and bitcoinworld are not deemed to be licensed in the application list. The Hong Kong Securities and Futures Commission reminds that all virtual asset trading platform applicants listed in the list have not been licensed and may not comply with the requirements of the Securities and Futures Commission. The Hong Kong Securities and Futures Commission has recently reminded the public that the non-violation period of virtual asset trading platforms operating in Hong Kong under the Anti-Money Laundering Ordinance will end on June 1. Starting from June 1 this year, all virtual asset trading platforms operating in Hong Kong must be licensed by the Securities and Futures Commission in accordance with the Ordinance, or be virtual asset trading platform applicants that are "deemed to be licensed". Operating a virtual asset trading platform in Hong Kong in violation of the Ordinance is a criminal offense, and the SFC said it will take all appropriate actions against any illegal acts. The Hong Kong SFC also said that before the platform applicant deemed to have been licensed is satisfied with the actual implementation and effectiveness of its policies, procedures, systems and control measures and is formally licensed, the SFC does not expect the platform to actively promote its services or establish business relationships with new retail customers.

The Hong Kong Securities and Futures Commission has updated the list of virtual asset trading platforms. According to the Anti-Money Laundering and Counter-Terrorist Financing Ordinance, 11 platforms including HKbitEX, PantherTrade, Accumulus, DFX Labs, Bixin.com, xWhale, YAX, Bullish, Crypto.com, WhaleFin, and Matrixport HK are deemed to be licensed; only 6 platforms including BGE, HKVAX, VDX, bitV, HKX, and bitcoinworld are not deemed to be licensed in the application list.

The Hong Kong Securities and Futures Commission reminds that all virtual asset trading platform applicants listed in the list have not been licensed and may not comply with the requirements of the Securities and Futures Commission. The Hong Kong Securities and Futures Commission has recently reminded the public that the non-violation period of virtual asset trading platforms operating in Hong Kong under the Anti-Money Laundering Ordinance will end on June 1. Starting from June 1 this year, all virtual asset trading platforms operating in Hong Kong must be licensed by the Securities and Futures Commission in accordance with the Ordinance, or be virtual asset trading platform applicants that are "deemed to be licensed". Operating a virtual asset trading platform in Hong Kong in violation of the Ordinance is a criminal offense, and the SFC said it will take all appropriate actions against any illegal acts. The Hong Kong SFC also said that before the platform applicant deemed to have been licensed is satisfied with the actual implementation and effectiveness of its policies, procedures, systems and control measures and is formally licensed, the SFC does not expect the platform to actively promote its services or establish business relationships with new retail customers.

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