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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