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Hong Kong SFC grants first crypto licenses of 2025

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Hong Kong SFC grants first crypto licenses of 2025
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Source: Coin Telegraph

Hong Kong’s Securities and Futures Commission has issued two new crypto trading platform licenses, bringing the total to seven since mid-2024.

The Securities and Futures Commission (SFC) of Hong Kong issued the first set of operational licenses of 2025 to two crypto trading platforms. The regulator has issued seven crypto licenses in total since it started a licensing drive in mid-2024.

On Jan. 27, the SFC awarded operational licenses to two Hong Kong-based crypto exchanges — PantherTrade and YAX. According to public records maintained by the Hong Kong government, both entities were registered under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO).

List of virtual asset trading platforms licensed by Hong Kong SFC. Source: HKSFC

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Author: Arijit Sarkar

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