TechubNews

According to Techub News, in a joint consultation regarding the regulatory framework for virtual asset trading service providers and custodians conducted yesterday by the Financial Services and the Treasury Bureau (FSTB) and the Securities and Futures Commission (SFC), the document mentioned that the authorities plan to require virtual asset service providers, whether involved in simple activities such as coin trading, withdrawals, or fiat exchanges, or more complex activities such as brokerage services and large transactions, to apply for licenses from the SFC. This means that the virtual ass
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