According to the announcement made by the Securities and Futures Commission (SFC) of Hong Kong recently, a new virtual asset license applicant, Bitbarbour (Hong Kong) Limited, has been introduced.
Bitbarbour is a local Hong Kong virtual asset company that aims to provide secure and reliable virtual asset trading and management services. The company is committed to complying with Hong Kong’s financial regulatory requirements to ensure the safety and sustainable development of user assets.
This move further enriches the diversity of Hong Kong’s virtual asset industry, promotes the development of the market, and drives the healthy growth of the virtual asset industry.
By formally applying for compliance licenses, different exchanges will not only inject new vitality into Hong Kong’s virtual asset market but also provide investors in Hong Kong with more choices and services in the visible future, collectively driving the industry’s development.