Hong Kong's SFC greenlights four crypto exchanges: HKbitEX, Accumulus, DFX Labs, and EX.IO. Exciting times!
Hong Kong approves licenses for four new crypto exchanges, solidifying its stance as a crypto hub. This move underlines the region's goal to lead in digital asset trading by balancing strict oversight with industry-friendly measures.
DFX Labs is close to obtaining a full operating license in Hong Kong after receiving approval under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO).
DFX Labs has satisfied Hong Kong's AML requirements for a crypto license from the Securities and Futures Commission, though trading is not yet allowed.