Hong Kong accepts crypto license application past deadline

Hong Kong Digital Asset Xchange Limited is the latest firm to apply for a license, having submitted their application on Aug. 27.

The Hong Kong Securities and Futures Commission (SFC) has granted a new digital asset exchange license to Hong Kong Digital Asset Xchange Limited (HKDAEx) despite the May 31 deadline having passed.

HKDAEx, a company based in Hong Kong and a member of the Hong Kong Financial Asset Exchange Group, submitted an application for a digital asset exchange license on Aug. 27, according to the regulator’s listing.

However, the Securities and Futures Commission (SFC) may return the application if it is found to be incomplete or if there are unresolved fundamental issues.

Hong Kong Digital Asset Xchange Limited is the latest firm to apply for a license, having submitted their application on Aug. 27.
The Hong Kong Securities and Futures Commission (SFC) has granted a new digital asset exchange license to Hong Kong Digital Asset Xchange Limited (HKDAEx) despite the May 31 deadline having passed.HKDAEx, a company based in Hong Kong and a member of the Hong Kong Financial Asset Exchange Group, submitted an application for a digital asset exchange license on Aug. 27, according to the regulator’s listing. However, the Securities and Futures Commission (SFC) may return the application if it is found to be incomplete or if there are unresolved fundamental issues.Read more