PANews reported on February 19 that according to Sing Tao Daily, the Hong Kong Securities and Futures Commission has approved more virtual asset trading platform licenses. The latest one is the virtual asset trading platform Bullish, bringing the number of licensed virtual asset trading platforms in Hong Kong to 10.

In an earlier interview with this newspaper, Bullish Senior Vice President and Global Sales Director Liu Dehao said that Hong Kong is an important business location, with more than 100 employees in Hong Kong, and hopes to focus on institutional business after obtaining the license. It is worth noting that Bullish has previously acquired CoinDesk, a comprehensive media, event and index platform.

There are currently 8 platforms on the list of applicants for virtual asset trading platforms. Ye Zhiheng, executive director of the Intermediary Institutions Department of the Securities and Futures Commission, said recently that the market is becoming increasingly clear about the standards for the Securities and Futures Commission to issue licenses, and new licenses will be issued. However, whether all applicants will obtain licenses depends on whether they meet the requirements.