May 29, 01:15 PM

Hong Kong SFC to Inspect Crypto Trading Platforms as Grace Period Ends on June 1

The Hong Kong Securities and Futures Commission (SFC) announced it will conduct on-site inspections of cryptocurrency trading platforms that are interested in continuing their licensing applications. This move comes as a key compliance deadline of June 1 approaches. The SFC will audit local virtual asset trading platforms still completing their regulatory applications through these inspections. The regulator has issued reminders that trading platforms must obtain a license by June 1, marking the end of the grace period.

#SFC

Written with ChatGPT (GPT-4o).

Sources

Bitcoin.com News@BTCTN
2 years ago
The Hong Kong Securities and Futures Commission (SFC) has issued a reminder that #crypto trading platforms must obtain a license by June 1. https://t.co/hoLNnwWfAU
Bitcoin.com News@BTCTN
2 years ago
#HongKong's Grace Period for #Crypto Exchanges Ending — Trading Platforms Must Obtain #License by June 1 https://t.co/hoLNnwWfAU
Mindplex@Mindplex_AI
2 years ago
Post-June 1 licensing deadline, the Hong Kong SFC will audit local virtual asset trading platforms still completing their regulatory applications through on-site inspections. https://t.co/MHONkn34Dl

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Hong Kong SFC to Inspect Crypto Trading Platforms as Grace Period Ends on June 1

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