Delin Securities (Hong Kong) Limited has recently achieved an important milestone. As a major subsidiary of Delin Holdings (with a 70% stake), Delin Securities has officially received conditional approval from the Hong Kong Securities and Futures Commission to provide virtual asset trading services under the comprehensive account arrangement framework. This approval marks a new milestone in Delin Securities' compliant operation in the virtual asset sector. According to the announcement, the approval is conditional, and Delin Securities must comply with existing Category 1 regulations before officially launching services. This signifies further standardization of virtual asset trading in the Hong Kong market, with a clearer trend of traditional financial institutions entering the crypto industry through compliant pathways. For investors, this reflects Hong Kong's steady progress in virtual asset regulation as an international financial center.
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MerkleTreeHugger
· 17h ago
Another licensed institution in Hong Kong, traditional financial institutions are really starting to take this seriously.
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RugPullAlertBot
· 17h ago
Hong Kong has another "conditional approval" — basically, they give you a license to play first, and you have to wait for the official launch. I've seen this trick many times.
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LiquidityNinja
· 17h ago
Another traditional financial institution in Hong Kong has entered the scene, this time it’s Delin Securities. Conditional approval for such things... It still sounds like we need to wait and see if it can actually be implemented, but having more compliant licenses is always a good thing, right?
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MetaverseMortgage
· 17h ago
Another traditional brokerage firm enters Hong Kong, and the compliance license situation is becoming clearer.
Delin Securities (Hong Kong) Limited has recently achieved an important milestone. As a major subsidiary of Delin Holdings (with a 70% stake), Delin Securities has officially received conditional approval from the Hong Kong Securities and Futures Commission to provide virtual asset trading services under the comprehensive account arrangement framework. This approval marks a new milestone in Delin Securities' compliant operation in the virtual asset sector. According to the announcement, the approval is conditional, and Delin Securities must comply with existing Category 1 regulations before officially launching services. This signifies further standardization of virtual asset trading in the Hong Kong market, with a clearer trend of traditional financial institutions entering the crypto industry through compliant pathways. For investors, this reflects Hong Kong's steady progress in virtual asset regulation as an international financial center.