Binance-linked HKVAEX still preparing to apply for license in Hong Kong
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Hong Kong cryptocurrency exchange HKVAEX has not applied for a virtual asset trading platform license with Hong Kong’s Securities and Futures Commission (SFC), a spokesperson for HKVAEX has said.
Amid multiple reports erroneously suggesting that HKVAEX has applied for an SFC license, the HKVAEX representative claimed the crypto exchange has yet to submit an application.
“We are still preparing for the application at the moment,” the HKVAEX representative told Cointelegraph on Nov. 27. The spokesperson stressed that HKVAEX should not be confused with VAEXC, which
According to data from SFC, OSL Digital Securities and HashKey exchanges are the only two crypto trading platforms that have been licensed as virtual asset trading platform operators as of Nov. 27. In August 2023, OSL and HashKey became the first crypto exchanges to start offering crypto trading services to retail customers in Hong Kong under the country’s new crypto regulations.
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