Hong Kong’s SFC Strengthens Crypto Oversight with Tougher Licensing Rules
Hong Kong’s Crypto Castle: SFC Fortifies Defenses Against Market Storms Imagine a medieval fortress raised above a restless sea—its walls reinforced, its gates guarded. Hong Kong’s Securities and Futures Commission (SFC) has just applied that same blueprint to its crypto market. By toughening licensing rules for virtual asset service providers (VASPs), the regulator is building…