Tianfeng International obtains Hong Kong virtual asset trading related license

The response to Hong Kong's virtual asset business continues to be enthusiastic, and licensed financial institutions are also receiving special attention. According to public information and reporters' understanding, the securities trading license of Tianfeng International Securities has been upgraded to provide virtual asset trading services. At present, virtual asset business activities in Hong Kong are regulated by the Hong Kong Securities and Futures Commission, while areas involving currency payments such as stablecoins and digital Hong Kong dollars are regulated by the Hong Kong Monetary Authority. The Hong Kong Securities and Futures Commission adopts the principle of "same business, same risk, same supervision" for the regulation of virtual assets, and adds virtual asset business conditions and technical specifications on the basis of traditional financial licenses. (Caixin News Agency)