Hong Kong Securities and Futures Commission's Yip Chi-hang: New licenses for virtual asset trading platforms will be approved soon

2025-01-22 14:41:08

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ChainCatcher news, according to a report by Zhitong Finance, the Executive Director of the Intermediaries Division of the Hong Kong Securities and Futures Commission, Ye Zhiheng, revealed that new licenses for virtual asset trading platforms will be approved soon, with good news expected in the first quarter of 2025. It is reported that the regulatory authority has completed on-site inspections of all applicants, and currently, there are 11 platforms on the application list.

Ye Zhiheng emphasized that the regulatory authority will strictly adhere to the regulatory bottom lines concerning investor protection and cybersecurity. At the same time, the Hong Kong Securities and Futures Commission plans to establish a licensed platform consultation group after the Lunar New Year, inviting executives from various licensed platforms to participate, ensuring that industry opinions are fully considered in the policy-making process.

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