Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»ADOPTION NEWS»Hong Kong urges cryptocurrency investors to check platform status as licensing deadline approaches
ADOPTION NEWS

Hong Kong urges cryptocurrency investors to check platform status as licensing deadline approaches

By Crypto FlexsFebruary 5, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Hong Kong urges cryptocurrency investors to check platform status as licensing deadline approaches
Share
Facebook Twitter LinkedIn Pinterest Email

Posted 1 minute ago In ~

Hong Kong’s top financial regulator has reiterated the deadline for cryptocurrency trading platforms to submit license applications, urging investors to check the regulations. situation March 1st.

The Securities and Futures Commission announced today (1st). To find out Investors must trade only on licensed trading platforms. Regulators have required all cryptocurrency trading platforms in Hong Kong to submit license applications by February 29. Otherwise, businesses in those areas will have to close by May 31.

The SFC advised investors to take prompt action when trading on platforms that are not listed in the ‘Virtual Asset Trading Platform Applicant List’ or the ‘Virtual Asset Trading Platform Applicant List’. Regulators urged these investors to “prepare early,” including closing their accounts.

In June 2023, Hong Kong officially launched a cryptocurrency licensing regime for virtual asset trading platforms, allowing licensed exchanges to provide retail trading services. Hong Kong has granted these licenses to two platforms: HashKey and OSL.

SFC is According to the regulator’s website, it is formally reviewing applications from 14 cryptocurrency companies, including OKX and Bybit. Cryptocurrency platform HKVAEX According to reports According to SFC’s applicant list, it applied for the same license on January 4 in conjunction with Binance.

The guidance is part of the regulator’s broader efforts to crack down on unregulated trading platforms. Last week, Financial Services and Finance Minister Christopher Hui wrote on his blog: post local government will do Post your consultation soon We discuss the proposed regulatory framework for over-the-counter cryptocurrency trading platforms as risks increase.


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bitcoin Treasury Firm Strive adds an industry veterans and starts a new $ 950 million capital initiative.

September 16, 2025

The best Solana depin project to form the future -Part 2

September 8, 2025

Ether Lee (ETH) tests major support for $ 4,453 after the highest rejection.

August 31, 2025
Add A Comment

Comments are closed.

Recent Posts

Animation Powerhouse Maggie Kang To Join Programming Lineup

September 18, 2025

MEXC Joins Forces With Lombard Finance (BARD) To Launch $1 Million Prize Pool Extravaganza

September 18, 2025

What is the next after the Fed’s 25bps is cut? Everything you need to know

September 18, 2025

The XRP market value surpasses Shopify, Verizon, and Citigroup. Whales sell 40m coins.

September 18, 2025

Green Hood Contracts Thanksgiving Summary -Ackee Blockchain

September 17, 2025

BetFury Is At SBC Summit Lisbon 2025: Affiliate Growth In Focus

September 17, 2025

FED Mining’s Cloud Mining Platform Is Helping Users Earn $8,800 Per Day, And XRP’s Growth Is Driving Market Enthusiasm.

September 17, 2025

Stablecoin Holdings Drop As Investors Pivot To SOL, XRP, And Altcoins

September 17, 2025

Flipster Partners With WLFI To Advance Global Stablecoin Adoption Through USD1 Integration

September 17, 2025

Zircuit Launches $495K Grants Program To Accelerate Web3 Super Apps

September 16, 2025

Kintsu Launches SHYPE On Hyperliquid

September 16, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Animation Powerhouse Maggie Kang To Join Programming Lineup

September 18, 2025

MEXC Joins Forces With Lombard Finance (BARD) To Launch $1 Million Prize Pool Extravaganza

September 18, 2025

What is the next after the Fed’s 25bps is cut? Everything you need to know

September 18, 2025
Most Popular

BNB Chain Wallet to switch from beacon chain sunset to Lite version

April 10, 2025

How long will Bitcoin’s price consolidation last?

October 28, 2024

Can BONK price confirm a bullish trend?

February 16, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.