Hong Kong to Publish Cryptocurrency Trading License Applicants List!

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Hong Kong’s Securities and Futures Commission (SFC) has said it will publish a list of companies that have applied for licenses to offer cryptocurrency trading services to retailers. The move comes as public concern over such platforms mounts in the wake of JPEX’s decision to suspend trading after being identified by the SFC as having provided investment services to retail investors in Hong Kong without the necessary license. Although two platforms have been licensed since the SFC’s new rules came into effect in June, only four more have applied. Around HKD1.43bn ($182m) of assets have been frozen on JPEX.