The Hong Kong Securities and Futures Commission (SFC) has taken a giant leap towards transparency to help reassure concerned investors.
Hong Kong Regulator Starts Revealing Entities Seeking Crypto Licenses
In a recent development, the SFC has taken a pivotal step towards fostering transparency and trust within the crypto trading sector.
The CEO of SFC, Julia Leung Fung-yee, announced that the regulator will now disclose the names of companies vying for licenses to operate crypto trading platforms, specifically targeting retail users in the region.
This move comes in the wake of the Jpex incident, which caused a stir in the cryptocurrency community.