Hong Kong Unveils New Regulatory Framework to Secure Virtual Asset Trading Platforms

Hong Kong Unveils New Regulatory Framework to Secure Virtual Asset Trading Platforms

Hong Kong introduces strict measures to regulate virtual asset trading, including proficiency testing, licensing requirements, and restrictions to enhance investor protection. Key Takeaways: In response to the growing interest in virtual asset (VA) products and services, Hong Kong‘s regulatory authorities, the Securities and Futures Commission (SFC), and the Hong Kong Monetary Authority (HKMA), have introduced…

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Asia Takes Center Stage: Crypto Company Shifts Attention to the East Amid Hong Kong's Regulatory Overhaul

Circle Crypto Company Shifts Attention to the East Amid Hong Kong’s Regulatory Overhaul

Circle Internet Financial Ltd. expands into Asia’s cryptocurrency markets, specifically Hong Kong, while closely monitoring the territory’s evolving crypto regulations. Key Points Circle Internet Financial Ltd., a prominent American digital currency company, is expanding its operations into the promising cryptocurrency markets of Asia. CEO Jeremy Allaire is closely monitoring the evolving crypto regulations in Hong…

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