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CryptoIntelligence 2024-06-27 00:11:00

DFX Labs Nears Full Operational License in Hong Kong Amid Regulatory Push for Global Crypto Startups

DFX Labs Nears Full Operational License in Hong Kong Amid Regulatory Push for Global Crypto Startups

Hong Kong-based crypto trading platform DFX Labs is nearing a full operational license after receiving clearance under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO). According to public records from the Securities and Futures Commission (SFC) of Hong Kong, DFX Labs is “deemed to be licensed for providing the virtual asset service.” However, despite holding an active AMLO license, the platform is not yet authorized to offer crypto trading services. The records clarify: “The Applicant is only deemed to be licensed for providing the virtual asset service below. The SFC has NOT granted a license to the Applicant under the

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