According to Foresight News, the Hong Kong Securities and Futures Commission (SFC) has announced that virtual asset trading platforms operating in Hong Kong must submit a license application by February 29, 2024. If they fail to do so, they will be required to cease their operations in Hong Kong by May 31, 2024. Investors using these virtual asset trading platforms should prepare accordingly.
Hong Kong Crypto Exchanges Must Apply for License by February 2024 or Cease Operations
![](https://public.bnbstatic.com/image/pgc/202211/ff39a105a210ecd0a61407a69ad82dbd.jpg)
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