According to Techub News, Cointelegraph reported that Hong Kong cryptocurrency trading platform DFX Labs has passed the Anti-Money Laundering and Anti-Terrorist Financing Ordinance (AMLO) review of the Hong Kong Securities and Futures Commission (SFC) and obtained the "deemed licensed" qualification for virtual asset services. Although it has not yet been approved for trading, DFX Labs has been deemed to be able to provide virtual asset services. According to records published by the SFC, DFX Labs applied for a Hong Kong cryptocurrency license on December 27, 2023 and was deemed to be licensed on June 1, 2024. However, the SFC has not yet officially granted DFX Labs a license, and its application is still under review.