Hong Kong’s Securities and Futures Commission of Hong Kong Grants Bixin Virtual Asset Trading Platform License

Hong Kong’s Securities and Futures Commission of Hong Kong has granted NewBX Limited’s Bixin a virtual asset trading platform license, increasing the city’s total number of licensed crypto trading venues to 13. Bixin is approved for Type 1 and Type 7 regulated activities and is also licensed under anti-money laundering rules to operate a virtual asset trading platform. The update also indicates that six virtual asset trading platform applicants remain in the pipeline.

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