Jack Ma's Yunfeng Financial has received approval from the Hong Kong Securities and Futures Commission, and can now conduct virtual asset trading!
Yunfeng Financial in Hong Kong has some new developments! It has just received approval from the Hong Kong Securities and Futures Commission to officially provide virtual asset trading services.
Specifically, it previously held a "securities trading" license (Type 1 regulated activity), and this license has now been upgraded. In the future, on its licensed platform, users can open a comprehensive account that allows them to simultaneously conduct securities trading and virtual asset trading, without the need to manage multiple accounts separately.
In simple terms, Yunfeng Financial now meets the regulatory requirements of the Hong Kong authorities, making it more formal and convenient for ordinary users who want to buy and sell virtual assets through it. This is a tangible piece of good news for those looking to participate in virtual asset trading through compliant channels. #上市公司囤币潮 $ETH