The Hong Kong Organization Authority, the Securities and Futures Committee (SFC), granted a license in favor of Bullish, the leading virtual asset trading platform. This approval brings the total number of licensed platforms in Hong Kong to 10.
Ascension: The tenth licensed virtual asset trading platform in Hong Kong
Bullish, owned by EOS Degeper Block.one, also prepared waves by obtaining Coindsk, which is a platform and prominent media.
Liu Dhao, First Vice President of Bolich and Head of Global Sales, confirmed in a recent interview with him that Hong Kong is a decisive location for the company, as there are more than 100 employees currently in the region. Liu too subscriber The platform intends to focus on institutional customers after receiving its license, indicating a strategic shift towards food providing investors on a large scale.
SFC decision to approve Bullish’s license is part of a wave of virtual asset trading platform records. Nowadays, there are eight applicants who seek approval, and the most prominent Yi Ching, Executive Director of the SFC intermediary department, that although licensing criteria have become more clear, each request provider will need to meet specific requirements before granting the license.
Moreover, SFC recently occupied newspaper addresses to agree to the China’s Digital Currency Fund in Asset Management, which represents the first retail box in the region. The Asia Pacific region also takes great steps in the distinctive symbol, where initiatives such as the distinctive golden symbol are explored to enhance the elasticity of investment and security. By integrating material gold with Blockchain technology, these efforts aim to create new opportunities for investors, noting Paul Chan, the financial services secretary and the government’s private administrative treasury in Hong Kong.
Also read: Hong Kong recognizes BTC and ETH of the investment visa
