Hong Kong Issues New Crypto Licenses, Boosting Investor Protection and Market Growth
The Securities and Futures Commission (SFC) of Hong Kong has released the first two cryptocurrency trading platform permits in 2025. Since mid -2024, the total number has reached 7. Panthertrade and YAX are approved by the approval of the anti -money laundering and counter -terrorism financing regulations (AMLO). Regulatory agencies have been actively reviewing cryptocurrency companies to ensure compliance with investor protection standards. In Hong Kong, there are only Bitcoin, Ethereum, avalanche and chain links can be legally traded. The city continues to implement strict regulations while promoting the growth of the cryptocurrency market.
