There are a number of existing virtual asset trading platforms (VATPs) operating in Hong Kong. How do existing VATPs comply with Hong Kong’s 2023 AMLO licensing regime? In this newsletter we set out the transitional arrangements that have been put in place to help existing VATPs transition to the new regime, including the deeming arrangement that provides an opportunity for exchanges to become licensed from 31 May 2024. Read on to find out more.
FSTB Consultation Paper: Regulating OTC Virtual Asset Trading Under New Licensing Regime
SFC issues guidance for tokenisation of SFC-authorised investment products and intermediaries engaging in Hong Kong tokenised securities-related activities
US Sec Brings Action Against Kraken For Securities Law Breaches
Rumoured That The US Doj May Fine Binance Us$4 Billion In Settlement Of Actions
Panel discussion on Regulatory Clarity in Asia’s Crypto Hubs: Hong Kong and Singapore