Aiying reported that the one-year transition period for the virtual asset service provider licensing system implemented in Hong Kong is about to end. As the application deadline approaches, the SFC data shows that the virtual asset trading platforms that have been officially licensed by the SFC are HashKey Exchange and OSL Exchange.
There are 17 companies waiting for VASP license review. In addition to Crypto.com, which has just applied, bitV, YAX and Bullish also submitted applications in February. Before that, there were OKX, Bybit, PantherTrade, BGE, HKbitEX (Hong Kong Digital Asset Trading Group Co., Ltd.), HKVAX (Hong Kong Virtual Asset Exchange Co., Ltd.), etc.