The Securities and Futures Commission (SFC) of Hong Kong has officially updated its registry to include Victory Fintech Company Limited as a licensed virtual asset trading platform. This milestone allows the firm, a subsidiary of the long-standing Victory Securities, to provide regulated cryptocurrency trading services to both institutional and retail investors within the city. The move is part of Hong Kong’s broader strategy to foster a secure and transparent digital asset ecosystem through its mandatory licensing regime for service providers. By joining the list of approved platforms, Victory Fintech must adhere to rigorous standards regarding investor protection, asset custody, and anti-money laundering (AML) protocols. This development underscores the growing integration of traditional financial services with the burgeoning Web3 sector in one of Asia’s primary financial hubs.
Source: Hong Kong regulator adds Victory Fintech to list of approved trading platforms
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