Positive signals from Hong Kong regarding cryptocurrency
New signals from Tianfeng Securities
On June 27, there was information from Tianfeng Securities on the interactive platform that their wholly-owned subsidiary, Tianfeng International Securities and Futures Co., Ltd., had been approved by the Hong Kong Securities and Futures Commission to receive a type three license related to digital assets. This allows them to provide cryptocurrency trading services through comprehensive account agreements.
Details about the digital asset license
According to the report, the license related to digital assets from the Hong Kong Securities and Futures Commission includes several categories. One of them is operating a cryptocurrency trading platform, managing a portfolio with over 10% investment in digital assets, along with providing cryptocurrency trading services through comprehensive account agreements. Additionally, they may also provide advisory services on digital assets and act as an introducing broker for cryptocurrency trading platforms. This type three license will promote the development of Tianfeng Securities in the digital asset field.
Source: https://tintucbitcoin.com/tianfeng-securities-co-giay-phep-tai-san-so-3/
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