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Coinpedia 2024-03-01 08:22:39

Hong Kong SFC Tightens Crypto with New Licensing Regime: What’s Next?

The post Hong Kong SFC Tightens Crypto with New Licensing Regime: What’s Next? appeared first on Coinpedia Fintech News In a significant change for Hong Kong’s finance, 22 big industry players, including well-known names like and OKX, are seeking a crypto license from the Securities and Futures Commission (SFC) to become virtual asset exchanges in the city. This comes after Hong Kong’s Legislative Council amended the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO) …

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