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Our weekly roundup of stories from East Asia curates the industrys most necessary developments.
On Feb. 20, the Securities and Futures Fee (SFC) of Hong Kong launched a session on its proposed regulatory necessities for digital asset buying and selling platforms.
The SFC requires the licensing of all cryptocurrency exchanges working in Hong Kong, or soliciting providers from Hong Kong traders, by June 2023.
As well as, the SFC stated it would search suggestions on whether or not licensed platform operators must be allowed to supply providers to retail traders and what measures must be carried out to make sure suitability and token inclusion when establishing enterprise relationships with clients.
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