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Bullish obtains Hong Kong virtual asset trading platform license

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Reprinted from panewslab

02/19/2025·2M

PANews reported on February 19 that according to the Xinhua News Agency, the Hong Kong Securities Regulatory Commission has approved a virtual asset trading platform license. The latest virtual asset trading platform Bullish has been approved, increasing the number of licensed virtual asset trading platforms in Hong Kong to 10.

Bullish senior vice president and global sales leader Andy Lau said in an interview with our newspaper earlier that Hong Kong is an important business point and currently has more than 100 employees in Hong Kong, hoping to focus on institutional business after getting the license. It is worth noting that Bullish has acquired comprehensive media, events and index platform CoinDesk earlier.

Currently, there are 8 platforms on the list of applicants for virtual asset trading platforms. Ye Zhiheng, executive director of the China Securities Regulatory Commission's intermediary agency department, said a few days ago that the market's standards for issuing licensing in the China Securities Regulatory Commission are becoming clearer and new licenses will be approved, but whether all applicants will be accepted. All licenses are obtained, depending on whether they meet the requirements.

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