PANews, February 16 — According to the Hong Kong Securities and Futures Commission’s official website update today, Victory Digital Technology Co., Ltd. (Victory Fintech Company Limited) has obtained a license to operate a virtual asset trading platform for its digital asset trading platform VDX. The organization is authorized to conduct regulated activities including Type 1 (securities trading) and Type 7 (automated trading services). Additionally, its subsidiary VDX Custody Limited has been licensed under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance to provide digital asset custody services. As of now, the number of licensed virtual asset trading platforms in Hong Kong has increased to 12.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Gavin Newsom Bans California Public Officials From Prediction Market Insider Trading
In brief
California public officials are banned via executive order from using inside information to make money on prediction markets.
The ban extends to state officials and appointees using information to help others from profiting, as well.
The order follows continued scrutiny from
Decrypt34m ago
Crypto's CLARITY Act could be a headwind for DeFi tokens ring-fencing yield, analyst says
The Clarity Act's proposed stablecoin rules may hinder decentralized finance (DeFi) by banning yield on stablecoin balances, re-centralizing yield to traditional financial institutions. This could reduce competition and impact DeFi platforms, while benefiting infrastructure players like Circle.
CoinDesk54m ago
Frequent "precise trading" was observed before Trump's major announcement, and several experts are calling for a thorough investigation.
During Trump’s tenure, traders made precise moves ahead of his major policy announcements and could have profited millions of dollars. Legal experts say these trades look suspicious and should be investigated for information leaks to protect market fairness.
BlockBeatNews3h ago
Frequent precise trading occurred before major policy announcements from the Trump administration, with multiple experts calling for a thorough investigation.
Before Trump's second term, multiple traders profited millions of dollars by positioning themselves ahead of his policy decisions, sparking calls from legal experts for investigations into information leaks. Experts pointed out that these trading patterns are suspicious and may involve insider trading, warranting attention from regulatory agencies.
GateNews3h ago
The cryptocurrency KOL "taking orders" crosses the red line! The Financial Supervisory Commission wants to regulate it: relying on the Financial Consumer Protection Act for regulatory guidelines.
As cryptocurrency investment heats up in Taiwan, regulatory authorities are increasing their attention on "lead trading" behavior. The Financial Supervisory Commission plans to regulate KOL investment advice through legislation to establish an orderly market. At the same time, multiple illegal solicitation cases highlight the clarity of regulatory boundaries. The public should be cautious in selecting legal platforms to protect their rights and interests.
区块客3h ago
Canada Moves to Ban Crypto Donations in Elections in New Bill
Canada’s bill C-25 proposes bans of crypto donations and similar methods due to traceability and identity verification concerns.
Law applies to parties, candidates, and third parties, with strict penalties and enforcement measures.
Shift follows rising transparency concerns, moving from
CryptoFrontNews3h ago
