HKVAX, a Hong Kong-based cryptocurrency exchange, has been granted a license by the city's Securities and Futures Commission (SFC). The license allows HKVAX to offer a range of cryptocurrency-related services, including trading, custody, and asset management. This is a significant development for the Hong Kong cryptocurrency industry, as it demonstrates the SFC's commitment to regulating the sector and protecting consumers. HKVAX is one of the first cryptocurrency exchanges to be licensed by the SFC, and its license is a testament to the company's compliance with the SFC's stringent requirements. The license will allow HKVAX to expand its operations in Hong Kong and offer its services to a wider range of clients.