Hong Kong’s Securities and Futures Commission said today that it will also issue a dedicated list of suspicious trading platforms.
that it will publish a list of licensed virtual asset trading platforms , a list of closing-down VATPs, a list of VATPs deemed licensed as of June 1, 2024 and a list of VATP applicants “in light of public demand.”
“To help the public more easily identify suspicious VATPs doing business in Hong Kong and enhance awareness, the SFC will enhance and issue a dedicated list of suspicious VATPs which is easily accessible and with prominence on the SFC’s website,” the SFC said. Elizabeth Wong, Director of Licensing and Head of Fintech Unit, Intermediaries of the SFC, said today at a press briefing that the publication of the list of applicants allows the public to scrutinize whether a particular platform has made false statements regarding license applications, adding that there are currently four companies in the preliminary process of applying for licenses, according...
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