OKX applies for a Hong Kong virtual asset license!

Kabir903

Regarding the Hong Kong Securities and Futures Commission's disclosure of the "List of Applicants for Virtual Asset Trading Platforms" today (25th), which revealed that only four companies, HKVAX, HKBitEx, Hong Kong BGE, and Victory, are currently applying for virtual asset licenses, the cryptocurrency exchange OKX stated that its subsidiary in Hong Kong, "OKX Hong Kong," is expected to formally submit its license application by the end of October this year.

According to a post by Lennix Lai, Managing Director of OKX's Global Institutional Business Division, "OKX Hong Kong" has been preparing for the license application in accordance with relevant regulations and guidelines since announcing its intention to apply for a Virtual Asset Service Provider (VASP) license in March. They have been steadily making progress and plan to submit the formal application by the end of October.

Lennix Lai also mentioned that OKX welcomes the Securities and Futures Commission to further enhance the transparency of the license application details for virtual asset trading platforms. They continue to adopt a cautious and prudent approach to virtual asset regulation and licensing.

On the other hand, Justin Sun, who previously claimed to have "submitted a virtual asset license application in Hong Kong" and expected to "receive the license by the end of the year," has not responded to why TRON is not included in the list of applicants as of the time of writing.

Jafar224

It's alright; I'm using this trading platform now.

Anil333

This trading platform is good.

Janak9955

Safety first, be cautious.

Kamal531

I don't really understand many trading platforms.

Jiger955

It's almost the end of October.