🚀 Breaking News: HKVAX Gets the Green Light! 🚀

- The Hong Kong Virtual Asset Exchange (HKVAX) just scored major brownie points by becoming the third crypto exchange licensed by the SFC to serve retail customers.

- HKVAX now boasts Type 1 and Type 7 licenses, plus an Anti-Money Laundering badge. Talk about a triple threat!

- Their services? Over-the-counter trading, a trading platform, insured custody, and they’re diving into security token offerings (STO) and real-world asset (RWA) tokenization.

- CEO Anthony Ng says they’re revolutionizing the financial landscape. 🎉

- Retail crypto trading in Hong Kong kicked off in August 2023, and HKVAX is the first to be licensed under the new regime.

- Sixteen more companies are in the licensing queue. Stay tuned!

Source: Hong Kong Virtual Asset Exchange