Hong Kong’s HKVAX Becomes Third Licensed Crypto Exchange

Hong Kong’s HKVAX Becomes Third Licensed Crypto Exchange
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Hong Kong licensed HKVAX as its third regulated cryptocurrency trading platform.
HKVAX offers a 24/7 trading platform, OTC services, and secure custody solutions.
Hong Kong has recently granted the Hong Kong Virtual Asset Exchange (HKVAX) its third licensed cryptocurrency trading platform. This development marks a significant step in the city’s efforts to regulate its digital asset market. The Securities and Futures Commission (SFC) announced this decision as part of a broader initiative to create a more structured and secure environment for crypto trading​.

HKVAX secures SFC Type 1, 7 & AMLO licences, becoming Hong Kong’s third regulated virtual asset platform. Expanding into STO & RWA while maintaining core OTC, exchange & custody services.
Read more: https://t.co/zuvLZJgF5P#OTC #RWA #STO #VirtualAsset #HKVAX #VATP pic.twitter.com/HPoD1a4awx
— Hong Kong Virtual Asset Exchange (HKVAX) (@hkvax) October 4, 2024
The licensing process for HKVAX follows s

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