BINANCE AND BINANCE.US EXPERIENCE $790 MILLION OUTFLOW IN THE LAST 24 HOURS |1300 HKT | 0600 UKT | 6 June 2023 • GEMINI PLANS TO OBTAIN CRYPTO LICENCE IN UAE AS PART OF ITS GLOBAL EXPANSION STRATEGY |1300 HKT | 0600 UKT | 6 June 2023 • SEC FILES 13 CIVIL CHARGES AGAINST BINANCE, ALLEGING UNREGISTERED OPERATIONS AND MISHANDLED CUSTOMER FUNDS |1300 HKT | 0600 UKT | 6 June 2023
SFC and HKMA Issue Joint Circular on Intermediaries’ VA-related Activities

SFC and HKMA Issue Joint Circular on Intermediaries’ VA-related Activities (January 2022)

The Securities and Futures Commission (the SFC) and the Hong Kong Monetary Authority (the HKMA) issued updated guidance for intermediaries distributing virtual asset-related products and/or offering virtual asset dealing or advisory services. The HKMA and the Hong Kong Insurance Authority have also published separate circulars on regulatory approaches in relation to virtual assets and virtual asset service providers.

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