Read Elliptic’s response to Hong Kong’s consultation on the regulatory regime for virtual asset trading platforms

On 20 February 2023, the Securities and Futures Commission of Hong Kong (SFC) published a consultation on proposed regulatory requirements for virtual asset trading platform operators licensed by the regulator.

As part of the consultation, the SFC is seeking input from the public on issues such as investor protection, insurance arrangements and trading in virtual asset derivatives.

Elliptic has responded to the SFC’s consultation, in which we address topics including:

• Retail access for licensed platform operators.
• Criteria for receiving different tokens.
• Anti-Money Laundering/Anti-Financing of Terrorism (AML/CFT) Requirements for Licensed Entities.

Download our response here.

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