Wu said that the Hong Kong Virtual Asset Exchange (HKVAX) announced that the company has been issued Type 1 (Securities Trading) and Type 7 (Providing Automated Trading Services) licenses by the Hong Kong Securities and Futures Commission (SFC), and a "Virtual Asset Trading Platform Operating" license in accordance with the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO). HKVAX is committed to building a smart, secure, seamless and compliant virtual asset ecosystem.