Hong Kong crypto regulations – DIGIT INFO

DFX Labs clears Hong Kong’s AML requirement for crypto license

DIGIT — Tue, 25 Jun 2024 10:39:21 +0000

While not yet permitted to trade, DFX Labs is deemed licensed for virtual asset services by the Securities and Futures Commission of Hong Kong.

Go to Source

Hong Kong’s Grace Period for Crypto Exchanges Ending — Trading Platforms Must Obtain License by June 1

DIGIT — Thu, 30 May 2024 00:31:03 +0000

The Hong Kong Securities and Futures Commission (SFC) has issued a reminder that crypto trading platforms must obtain a license to operate in Hong Kong before the grace period ends on June 1. The regulator warned that operating without a license is a criminal offense and will enforce compliance. Investors are advised to only trade […]

Go to Source

Hong Kong Reaffirms Commitment to Become Regional Crypto Hub

DIGIT — Tue, 10 Jan 2023 02:30:08 +0000

Hong Kong has reaffirmed its commitment to become a regional crypto hub in following the collapse of cryptocurrency exchange FTX. “As certain crypto exchanges collapsed one after another, Hong Kong became a quality standing point for digital asset corporates,” said a top government official. Hong Kong Aims to Become Regional Crypto Hub Hong Kong Financial […]

Go to Source

Hong Kong Mulls Letting Retail Investors Trade Crypto, Removing ‘Professional Investor-Only Requirement’

DIGIT — Fri, 21 Oct 2022 04:30:42 +0000

The director of licensing and head of the fintech unit of Hong Kong’s Securities and Futures Commission (SFC) has confirmed that the regulator is considering allowing retail investors to invest directly in crypto assets. “We’ve had four years of experience in regulating this industry … We think that this may be actually a good time […]

Go to Source