✅ Hong Kong adopted an amendment that provides for a licensing system for virtual asset service providers

in bityx •  2 years ago 

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It is expected to come into effect on June 1st.

Recall that Hong Kong is ready to interact with global virtual asset service providers and invite them to its place. The Securities and Futures Commission will begin public consultations on the potential permission for retail investors to trade virtual assets on licensed exchanges. Hong Kong is also open to the possibility of having exchange-traded funds (ETFs) for virtual assets.

✨ Experts believe that Hong Kong can become a crypto center and the only place in China where services in the field of virtual assets are legally provided.

bityx
2 years ago by

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