TLDR Tech / Crypto
Hong Kong Grants 13th Crypto Exchange Licence
Hong Kong's Securities and Futures Commission (SFC) has granted NewBX Limited, the operator of crypto exchange Bixin, a virtual asset trading platform (VATP) licence. With this approval, the city has 13 officially licensed crypto trading platforms, bringing NewBX under Type 1 (dealing in securities) and Type 7 (automated trading services) permissions and aligning with Hong Kong's AML/CTF licensing framework.
Read the full story