Chairperson of the Hong Kong Fintech Association: Some of the withdrawn virtual asset trading platforms are still exploring the feasibility of using Hong Kong as the headquarters of the Asia-Pacific region
2024-06-03 05:55:31
On June 3, Chen Wenli, chairperson of the Hong Kong Fintech Association, said that some of the platforms withdrawn from Hong Kong have established operations in North America and Europe, but they are still exploring the feasibility of using Hong Kong as the headquarters of the Asia-Pacific region. Ng Kit-chuang, a member of the Hong Kong Legislative Council, said that according to his understanding, most platforms are willing to apply for licenses in Hong Kong, but Hong Kong's strict regulations do not allow them to provide services to mainland investors, so some platforms may have non-compliance. Under strict supervision, there are few types of virtual currencies that can be traded, and it is not easy for platforms to make profits.
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