According to a report by Sing Tao Daily, the Hong Kong Securities and Futures Commission has granted another license for virtual asset trading platforms, with the latest being Bullish, which has increased the number of licensed virtual asset trading platforms in Hong Kong to 10.
Bullish Senior Vice President and Global Sales Head, Andy Lau, previously stated in an interview with this newspaper that Hong Kong is an important business location with over 100 employees. He hopes to focus on institutional business after obtaining the license. It is worth noting that Bullish has previously acquired CoinDesk, a comprehensive media, event, and index platform.
At present, there are 8 platforms on the list of applicants for virtual asset trading platforms. Ye Zhiheng, Executive Director of the Intermediary Department of the China Securities Regulatory Commission, recently stated that the market's standards for licensing issued by the commission are becoming increasingly clear, and new licenses will be granted. However, whether all applicants obtain licenses depends on whether they meet the requirements.
