The Hong Kong Securities and Futures Commission disclosed: 40 institutions have completed the upgrade of License No. 1 and can provide virtual asset trading services.

On June 26, according to the Hong Kong Securities and Futures Commission, as of June 24, a total of 40 institutions upgraded to License No. 1, which means upgrading the existing securities trading license to provide virtual asset trading services through a comprehensive account arrangement, including 38 brokerages, 1 bank, and 1 internet company.

Industry insiders point out that the No. 1 license (upgrade) obtained by Chinese-funded brokerages is merely a distribution attribute; brokerages cannot build their own virtual asset trading platforms, but will connect clients to existing virtual asset trading platforms.

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SignatureCollectorvip
· 06-28 21:31
Will the EU follow up?
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MaticHoleFillervip
· 06-28 21:18
amazing ah Hong Kong
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BridgeJumpervip
· 06-28 08:56
This progress is quite impressive.
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AirdropHarvestervip
· 06-26 05:26
New suckers are getting on board again.
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GasWaster69vip
· 06-26 05:26
Very good but not enough
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GasFeeVictimvip
· 06-26 05:18
It's just a regular license.
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