Guideline 2023
SFC Guidelines for Virtual Asset Trading Platform Operators
Issued by Securities and Futures Commission
Effective: 1 Jun 2023
Plain-English summary
SFC Guidelines on Virtual Asset Trading Platforms – Operators outline a compulsory regulatory regime for centralized trading platforms providing services in Hong Kong. From 1 June 2023, such guidelines oblige virtual asset exchanges to apply strict rules concerning custody of clients’ assets, insurance, and anti-money laundering provisions. You may read more information here at SFC.
Who it applies to
Crypto / VDA
Topics
Market Integrity & Securities Payments & Fintech / Digital Assets
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