Hafu Securities, a subsidiary of Dongfang Fortune, has secured SFC approval to provide virtual asset trading services. This development is a pivotal moment for Hong Kong’s financial framework, allowing access to major cryptocurrencies such as BTC and ETH.
The SFC’s licensing changes facilitate greater institutional participation in the crypto market. This shift is expected to enhance accessibility and legitimacy for virtual assets, potentially benefiting all players in Hong Kong’s digital trading landscape.
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