PANews, February 16 — According to the Hong Kong Securities and Futures Commission’s official website update today, Victory Digital Technology Co., Ltd. (Victory Fintech Company Limited) has obtained a license to operate a virtual asset trading platform for its digital asset trading platform VDX. The organization is authorized to conduct regulated activities including Type 1 (securities trading) and Type 7 (automated trading services). Additionally, its subsidiary VDX Custody Limited has been licensed under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance to provide digital asset custody services. As of now, the number of licensed virtual asset trading platforms in Hong Kong has increased to 12.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Cryptocurrency Tax Roundtable Postponed Again Due to Severe Windstorm, Host Country Congressional Members' Flights Delayed
Gate News reports that on March 16, according to crypto journalist Eleanor Terrett's disclosure on X platform, the cryptocurrency tax roundtable was forced to be postponed again due to flight delays caused by strong windstorms and tornado warnings. Two congressional representatives hosting the conference were also affected by flight delays and unable to attend.
GateNews50m ago
Bitcoin Miner HIVE Gradually Halts Swedish Mining Operations While Expanding Canadian AI Data Center
Bitcoin mining company HIVE is gradually reducing its mining operations in Sweden due to tax disputes and operational uncertainty. Simultaneously, through BUZZ company, it is expanding its liquid-cooled AI data center capacity in Canada by four times. Despite gaining legal support, Swedish authorities are still requiring it to pay disputed tax deposits.
GateNews3h ago
Cryptocurrency Tax Roundtable Rescheduled for Today Due to Blizzard Delay
Gate News reports that on March 16, the cryptocurrency tax roundtable meeting previously postponed due to snowfall last month has been rescheduled for today at 4 p.m. Eastern Time. The event will be jointly hosted by Senator Steve Daines, Senator Cynthia Lummis, and Representative Mike Carey. Despite tornado weather hitting Washington D.C. today, the event is currently scheduled to proceed as planned.
GateNews4h ago
U.S. Stablecoin Yield Regulation Negotiations Near Consensus, Proposal Would Ban Idle Balance Yields but Permit Trading Rewards
At the DC Blockchain Summit in Washington, the crypto and banking industries reached a consensus on stablecoin yield regulation, favoring a ban on idle balance yields while allowing transaction-based rewards. Senators Thom Tillis and Angela Alsobrooks were key drivers, and if an agreement is reached, it would accelerate resolution of DeFi and token classification disputes.
GateNews5h ago
Crypto regulation clarified as Japan 10-year claim checked
Did FSA propose a 10-year prison term for unregistered cryptocurrency sales? No
There is no credible evidence that Japan’s Financial Services Agency proposed a 10-year prison term for unregistered cryptocurrency sales. Public materials do not show any draft, notice, or Diet bill to that
CoincuInsights6h ago
SEC and CFTC Join Forces to Create a Unified Crypto Regulatory Framework
The SEC and CFTC are collaborating to regulate cryptocurrency, enhancing coordination and communication. A memorandum outlines joint efforts to clarify digital asset definitions and update regulatory frameworks, signaling significant changes in oversight.
TheNewsCrypto6h ago
