
Canada's securities regulator, the CSA, has extended the compliance deadline for crypto exchanges to the end of 2024. The extension aims to address ongoing concerns about stablecoin risks and to enhance investor protection. This decision comes in response to recent collapses in the stablecoin market. Meanwhile, ZA Bank, the largest virtual bank in Hong Kong, has received SFC approval to add virtual asset trading conditions to its Type 1 license. ZA Bank is preparing for relevant sandbox tests and is the first digital-only bank in Hong Kong to obtain such a license.
🇭🇰 LATEST: Hong Kong’s SFC grants ZA Bank an extension to its Type 1 license, authorizing cryptocurrency trading. https://t.co/QlfNINbVV1
ZA BANK BECOMES HONG KONG’S FIRST VIRTUAL BANK TO OBTAIN A TYPE 1 SFC LICENCE - ZA Bank, Hong Kong’s largest virtual bank, has announced the approval of its Type 1 licence by the Securities and Futures Commission (SFC). - According to ZA Bank, they are the first digital-only… https://t.co/nttezD0MlE https://t.co/ybNiV85VZA
JUST IN: HONG KONG’S ZA BANK GETS SFC APPROVAL FOR CRYPTO TRADING


