HKVAX Secures License to Serve Retail Crypto Traders in Hong Kong

Quick Summary:

The Securities and Futures Commission (SFC) of the Special Administrative Region has granted licenses to three cryptocurrency exchanges, among them is the Hong Kong Virtual Asset Exchange (HKVAX), allowing it to service retail consumers.

It joins two other Hong Kong exchanges that have recently received full authorization.

It also excels at tokenizing real-world assets (RWAs) and security token offerings (STOs).

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Article Details

Author / Journalist: Mohamed Faisal

Category: Crypto

Markets: United Arab EmiratesBermudaHong Kong

Topics: Exchange News Exchange

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-05 @ 15:04:19 (16 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 274 words

Reading Time: 2 minutes read

Sentences: 24 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 22900097

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 14 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 16 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #125

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