{"id":4433,"date":"2024-12-18T18:17:00","date_gmt":"2024-12-18T18:17:00","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=4433"},"modified":"2024-12-18T18:17:00","modified_gmt":"2024-12-18T18:17:00","slug":"hong-kong-approves-four-new-crypto-exchanges-positioning-itself-as-a-key-hub-expert-says","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=4433","title":{"rendered":"Hong Kong Approves Four New Crypto Exchanges, &#8216;Positioning Itself As A Key Hub,&#8217; Expert Says"},"content":{"rendered":"<div>\n<p>Hong Kong&#8217;s securities regulator has approved four new cryptocurrency exchanges, marking a significant step in the city&#8217;s efforts to position itself as <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/10\/41577853\/hong-kong-set-to-expand-digital-asset-exchange-licenses-amid-push-for-stablecoin-proposal\">a digital asset hub<\/a>.<\/p>\n<p><strong>What Happened:<\/strong>The approvals come at a time when <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) prices have surged, recently surpassing the $100,000 milestone.<\/p>\n<p>The newly licensed platforms\u2014<strong>Accumulus GBA Technology<\/strong>, <strong>DFX Labs<\/strong>, <strong>Hong Kong Digital Asset EX<\/strong> and <strong>Thousand Whales Technology<\/strong>\u2014were added to the Securities and Futures Commission\u2019s (SFC) updated list of approved virtual asset trading platforms (VATPs) on Thursday.<\/p>\n<p>The move reflects Hong Kong&#8217;s ongoing commitment to strengthening its virtual asset regulatory framework while balancing investor protection and business development.<\/p>\n<p><strong>Eric Yip<\/strong>, SFC&#8217;s executive director of intermediaries said, \u201cWe have been proactively engaging with VATPs&#8217; senior management and ultimate controllers, which helps drive home our expected regulatory standards and expedite our licensing process for VATPs,&#8221; Yip said. &#8220;We aim to strike a balance between safeguarding the interests of investors and facilitating continuous development for the virtual asset ecosystem in Hong &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/12\/42560364\/hong-kong-approves-four-new-crypto-exchanges-positioning-itself-as-a-key-hub-expert-says\" alt=\"Hong\" kong approves four new crypto exchanges itself as a key hub expert says>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Hong Kong&#8217;s securities regulator has approved four new cryptocurrency exchanges, marking a significant step in the city&#8217;s efforts to position itself as a digital asset hub. What Happened:The approvals come at a time when Bitcoin (CRYPTO: BTC) prices have surged, recently surpassing the $100,000 milestone. The newly licensed platforms\u2014Accumulus GBA Technology, DFX Labs, Hong Kong [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-4433","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/4433","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4433"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/4433\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4433"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4433"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4433"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}