📢 Attention, crypto enthusiasts! 🚀

The Hong Kong Securities and Futures Commission (SFC) is preparing to issue a new batch of licenses for crypto platforms by the end of this year. Already 11 platforms are under review!

🔹 The SFC recently issued licenses to three exchanges: Hong Kong Virtual Asset Exchange, OSL Exchange, and HashKey Exchanges.

🔹 Another 11 platforms are awaiting approval after the first round of reviews and necessary adjustments.

🔹 According to Liang Fengyi, Director General of the China Securities and Futures Commission, the SFC plans to make significant progress in regulating virtual assets by the end of the year.

These steps are aimed at creating a safe and regulated crypto ecosystem in Hong Kong. Want to know more? Leave your questions and opinions in the comments! 💬

#Cryptocurrencies#Blockchain#HongKong#Licenses#Regulation