Hong Kong to Regulate Virtual Asset Trading and Custody Services

icon币界网
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
Hong Kong’s Financial Services and Treasury Bureau and the SFC have released a consultation summary on licensing for virtual asset trading and custody services. The agencies also opened a one-month public consultation on licensing for virtual asset advisory and management services. The move touches on crypto asset classification and aims to shape liquidity and crypto markets. Key details include requirements for service providers and compliance frameworks.
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.