PANews, February 16 — According to the Hong Kong Securities and Futures Commission’s official website update today, Victory Digital Technology Co., Ltd. (Victory Fintech Company Limited) has obtained a license to operate a virtual asset trading platform for its digital asset trading platform VDX. The organization is authorized to conduct regulated activities including Type 1 (securities trading) and Type 7 (automated trading services). Additionally, its subsidiary VDX Custody Limited has been licensed under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance to provide digital asset custody services. As of now, the number of licensed virtual asset trading platforms in Hong Kong has increased to 12.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
U.S. CFTC Chair: Blockchain prediction markets could become "truth machines," with clear regulatory rules coming soon
CFTC Chairman Michael Selig stated that blockchain-based prediction markets can enhance price discovery and information transparency, becoming a powerful "truth machine." Using the 2024 U.S. presidential election as an example, he emphasized that market pricing accurately reflects election outcomes. The CFTC will introduce new regulations to guide compliant trading of event contracts.
GateNews1h ago
Polymarket hires Palantir and TWG AI to oversee sports contract trading
Polymarket is hiring Palantir Technologies and TWG AI to strengthen oversight of its sports contract trading, aiming to identify and prevent suspicious activities. This move comes amid increased regulation of prediction markets, with a focus on screening participants and cross-referencing banned lists.
GateNews1h ago
The US IRS new crypto audit form requires reporting all exchange and wallet histories, involving over 100 platforms.
The IRS has introduced a new investigation form requiring taxpayers to disclose all cryptocurrency exchanges and wallet histories used. The form covers over 100 platforms and must be signed by the taxpayer to prevent underreporting and audits. It is recommended to consult a tax attorney. The audit focus will be on underreporters and high-frequency traders.
GateNews1h ago
The Hong Kong Securities and Futures Commission will collaborate with the police and licensed institutions to use a 24/7 stop-payment mechanism to freeze funds involved in cryptocurrency scams.
Gate News Report, March 10 — Hong Kong Securities and Futures Commission CEO Lisa Leung stated that in 2025, the organization received nearly 900 investment scam complaints, with a quarter related to virtual currencies. The Hong Kong Securities and Futures Commission will collaborate with the police, Customs, the Hong Kong Monetary Authority, licensed brokers, and virtual asset service providers to establish communication channels with licensed institutions and actively cooperate with the police anti-scam coordination center's "24/7 Stop Payment Mechanism" to freeze transactions involving scams or high risks immediately.
GateNews3h ago
U.S. Congress investigates three brokerages for underwriting Chinese company IPOs, accusing them of suspected "pump and dump" stock price manipulation
The U.S. House of Representatives is investigating several Wall Street underwriters, focusing on their market manipulation related to IPOs of Chinese companies. Among them, Dominari Securities is linked to the Trump family, and lawmakers are requesting relevant information, pointing out that these companies coordinated trades to inflate stock prices, which were then followed by sharp declines.
GateNews3h ago
