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ZyCrypto 2023-02-24 20:20:36

Existing Virtual Asset Operators Given Transitional Period To Comply With Proposed Legislation In Hong Kong

Effective June 1, 2023, all new Virtual Asset (VA) trading platforms conducting business or targeting investors in Hong Kong must be licensed and regulated by the Securities and Futures Commission (SFC). The SFC is an independent statutory body that regulates Hong Kong’s securities and futures markets. In November 2020, through a consultation document, the Hong

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