PANews reported on June 27 that Tianfeng Securities stated on an interactive platform that its wholly-owned subsidiary Tianfeng International Securities and Futures Co., Ltd. has been approved by the Hong Kong Securities and Futures Commission to obtain the third type of virtual asset-related licenses, and can provide virtual asset trading services through comprehensive account arrangements.

It is reported that the virtual asset-related licenses of the Hong Kong Securities and Futures Commission include the following categories: 1) operating a virtual asset trading platform, 2) managing an investment portfolio with more than 10% investment in virtual assets, 3) providing virtual asset trading services through comprehensive account arrangements, 4) providing advice on virtual assets, and 5) acting as an introducing agent for a virtual asset trading platform.