Hong Kong has seen an increase in applications for cryptocurrency trading platform licenses, with six companies aspiring to open their own crypto trading platforms. Panthertrade, a subsidiary of Futu Holdings, is one of these companies submitting their initial application and appointing strategic individuals to aid their efforts. The addition of Hong Yimin, and Fang Xingzhi who contributed to Jingdong Securities Co., Ltd., reveal the ambition of the virtual asset trading venture. An innovative new policy by the Securities and Futures Commission (SFC) has also allowed retail investors to invest in Cryptocurrency. With businesses looking for new capital and talent, the new regulations provide a major opportunity for crypto companies explore the international market.



Other News from Today