Home
News
Details

Hong Kong FSTB and SFC to Propose Licensing Framework for Virtual Asset Trading and Custody Services

iconKuCoinFlash
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
Hong Kong’s FSTB and SFC have released a consultation summary on a legislative proposal to establish exchange licensing for virtual asset trading and custody service providers. The authorities also initiated a one-month public consultation on the licensing framework for virtual asset advisory and management services. The move aims to enhance regulatory clarity and support liquidity and crypto markets development.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.