Hong Kong sets deadline for crypto exchange licensing applicat | Crypto World ICOs

Hong Kong sets deadline for crypto exchange licensing applications or face shutdown

Hong Kong’s Securities and Futures Commission (SFC) told unregistered Virtual Asset Trading Platforms (VATPs) within its region to submit their licensing applications by Feb. 29 or close their businesses by May 31, according to a Feb. 5 notice. The financial regulatory authority reaffirmed this deadline for cryptocurrency trading firms while advising investors to engage with licensed platforms in the region.

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