Hong Kong’s Securities and Futures Commission (SFC) has issued its first two crypto trading platform licenses for 2025, bringing the total to seven since mid-2024. PantherTrade and YAX are the latest to receive approval under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO). The regulator has been actively reviewing crypto firms to ensure compliance with investor protection standards. With only Bitcoin, Ethereum, Avalanche, and Chainlink legally tradable in Hong Kong, the city continues enforcing strict regulations while fostering crypto market growth.
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