xWhale applies for virtual asset trading license in Hong Kong.

Ritu13

On January 25th, according to the official website of the Securities and Futures Commission of Hong Kong, the list of applicants for a virtual asset trading platform license has been updated to include Thousand Whales Technology (BVI) Limited. The company, which has not disclosed its Chinese name, operates the trading platform "xWhale," and the application was submitted on January 25th. As of now, the number of applicants for virtual asset trading licenses in Hong Kong has reached 14.

Yamini003

With the license, it becomes legal to operate.

Niti998

Trading platforms also need to apply for licenses.

Indra55

It's unknown how many have applied at the moment.