Policy Event ยท High impact

Hong Kong SFC Grants Crypto License to Victory Fintech

Hong Kong Securities and Futures Commission (SFC) has approved Victory Fintech for a crypto trading license, signaling renewed momentum in HKs push to become a digital asset hub. This approval continues the citys regulatory progress following the perpetual futures framework announced last week.

High impact๐Ÿ‡ญ๐Ÿ‡ฐ Hong KongLicensingExchangeBTCETH

APAC FINSTAB analysis

For APAC operators, this creates a high-impact signal around licensing, exchange in Hong Kong. Protocols/assets in scope: BTC, ETH. Teams should monitor the original source, map the change to licensing, custody, disclosure, and market-access obligations, and update their jurisdiction playbooks before the next compliance review.

Compliance read-through: map this event to entity licensing, market-access, custody, disclosure, token listing, and operational-risk obligations before expanding or marketing in the affected jurisdiction.

View related Licensing tracker page โ†’

Related policy events

Thailand SEC Opens Consultation to Let Existing Digital Asset Firms Add Crypto Derivatives Licenses

Thailand's SEC opened a consultation on allowing existing licensed digital asset operators to apply for crypto derivatives permissions within the same corporate entity, pairing the expansion with stronger conflict-management and exchange-clearing oversight.

Medium impact๐Ÿ‡น๐Ÿ‡ญ ThailandRegulationLicensingExchangeBTCETH