Aiying reported that the Hong Kong Securities and Futures Commission issued a statement on the end of the non-violation period for virtual asset trading platforms. The Securities and Futures Commission reminded the public that the non-violation period applicable to virtual asset trading platforms operating in Hong Kong under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (Chapter 615) (the "Anti-Money Laundering Ordinance") will end on June 2024, 6. All virtual asset trading platforms operating in Hong Kong must be licensed by the SFC under the Anti-Money Laundering Ordinance, or be applicants for virtual asset trading platforms that are "deemed to be licensed". Operating a virtual asset trading platform in Hong Kong in violation of the Anti-Money Laundering Ordinance is a criminal offence and the SFC will take all appropriate actions against any illegal acts.