Hong Kong Financial Secretary: International Virtual Asset Trading Platforms Can Apply for Licenses

The Acting Secretary for Financial Services and the Treasury of Hong Kong, Chen Haolian, stated that international virtual asset trading platforms can apply for licenses from the Securities and Futures Commission (SFC) as long as they meet the relevant statutory requirements and regulatory requirements of the SFC. The Hong Kong SFC and the Invest Hong Kong agency have been in contact with these international platforms to introduce Hong Kong's regulatory requirements and market opportunities. Chen Haolian also mentioned that the Hong Kong SFC will submit a bill to the Legislative Council by the end of this year to amend the Anti-Money Laundering and Counter-Terrorist Financing Ordinance.

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