OKX Seeks Virtual Asset Trading License from Hong Kong Authorities

Coinscreed
Coinscreed

21 Nov 2023 6:18 AM

OKX is the first offshore applicant on the Hong Kong SFC's updated list of applicants for licenses to operate virtual asset trading platforms. OKX Seeks...

  • OKX is the first offshore applicant on the Hong Kong SFC's updated list of applicants for licenses to operate virtual asset trading platforms.
  • The update to the SFC's list is a significant step towards regulating cryptocurrency exchanges in Hong Kong.
  • The list includes the names of seven businesses actively seeking to run cryptocurrency trading platforms in Hong Kong.
  • OKX stands out as the first offshore exchange to apply for a compliance license in Hong Kong.
  • The SFC's inclusion of platforms on the list does not imply approval of their functionality or reliability.
  • Investors are advised to consult the SFC's list of authorized virtual asset trading platforms for verified information.
  • The SFC has warned about the risks of trading virtual assets on unregulated platforms, including the seven additional platforms on the list of applicants.

The article provides a neutral tone, presenting information about the update to the SFC's list of applicants for licenses to operate virtual asset trading platforms in Hong Kong.

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Who is the first offshore applicant on the Hong Kong SFC's updated list of applicants for licenses to operate virtual asset trading platforms?How many businesses are included in the latest list posted on the SFC website?What does the SFC's inclusion of platforms on the list imply?What is the recommended source for verified information about authorized virtual asset trading platforms?What warning has the SFC issued regarding unregulated platforms on the list of applicants?

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