Yaocai Securities: If an authorized official institution handles the relevant custody, it will consider developing virtual currency trading services
2024-08-12 03:14:59
Ming Pao Disclosure Hong Kong Yao Securities Executive Director Concurrent Bank Chief Executive Officerdesk3cryptocurrencydesktopCrypto News
According to Ming Pao, Xu Yibin, executive director and CEO of Hong Kong Yucai Securities, said that there are still uncertainties in the custody of virtual assets in the United States. For example, the current virtual asset custodian is not licensed by the same major government official agency. Xu Yibin stressed that Yucai Securities needs to ensure the safety of customer assets at the same time. If there are authorized official institutions such as exchanges to handle relevant custody, they will consider development. (Editorial note: At present, two virtual currency exchanges in Hong Kong have been licensed by the Securities Supervision Commission. Regulatory rules have obvious requirements for asset custody, but it is said that the trading of the two exchanges is not as active as that of major overseas platforms.)
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