Crypto exchange BitgetX has become a member of the Hong Kong Virtual Asset Consortium (HKVAC), a platform offering ratings and indexes for cryptocurrencies. Fiona Fan, founding member of HKVAC, welcomed the move and said both parties have common objectives to promote the long-term development of the virtual asset industry in Hong Kong. In addition, BitgetX has reiterated its intention to secure a Virtual Service Asset Providers (VASP) under Hong Kong’s new licensing regime regulated by the Securities and Futures Commission to foster a compliant and secure digital asset ecosystem for the global market.

Source: https://cointelegraph.com