🚀 VDX Receives Licenses to Operate Virtual Asset Services in Hong Kong
#VDX #VictoryFintech #HongKong #DigitalAssets #SecuritiesAndFuturesCommission #CryptoLicenses #Type1 #Type7 #AutomatedTradingServices #DigitalAssetCustody #AML #CTF #VirtualAssetPlatform #FinancialInstitutions
Digital asset trading platform VDX announced today that Victory Fintech Company Limited has been granted licenses by the Hong Kong Securities and Futures Commission under the Securities and Futures Ordinance. According to Foresight News, these licenses allow the company to conduct Type 1 (dealing in securities) and Type 7 (providing automated trading services) regulated activities. Additionally, VDX Custody Limited has been licensed under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance to offer digital asset custody services. These licenses enable VDX to operate a virtual asset trading platform in Hong Kong and provide infrastructure and related services to licensed financial institutions.#VDX #VictoryFintech #HongKong #DigitalAssets #SecuritiesAndFuturesCommission #CryptoLicenses #Type1 #Type7 #AutomatedTradingServices #DigitalAssetCustody #AML #CTF #VirtualAssetPlatform #FinancialInstitutions
🚀 Cryptocurrency Complaints in South Korea Surge in January
#Cryptocurrency #SouthKorea #ConsumerComplaints #NS3AI #KoreaConsumerAgency #APItrading #VirtualAssetPlatform
Consumer complaints related to cryptocurrency in South Korea experienced a significant surge in January. According to NS3.AI, the Korea Consumer Agency reported that complaints increased 55.5 times compared to the same month last year. Additionally, there was a 30.2-fold rise from December to January, marking the largest monthly increase among all product categories. This spike was attributed to changes in promotional event conditions by a virtual asset platform, which impacted API trading integration support funds.#Cryptocurrency #SouthKorea #ConsumerComplaints #NS3AI #KoreaConsumerAgency #APItrading #VirtualAssetPlatform