Wu Jiezhuang: At present, anyone claiming to be a "licensed over-the-counter trader" is misleading, and the Hong Kong government department has not issued a license yet
According to online reports, Hong Kong Legislative Council Member Ng Kit Chuang revealed in an article on social platforms today that the Hong Kong government is about to conduct the second round of consultation "Public Consultation on Legislative Suggestions on Regulating OTC Transactions in Virtual Assets." Due to the recent frequent occurrence of related fraud cases, regulatory vacuum The risks are exacerbated, so a licensed exchange must be used. Wu Jie Chong also said that the current over-the-counter trading (OTC) legislation on virtual assets has not yet taken effect, and any self-proclaimed "licensed OTC trader" is misleading. At this stage, no Hong Kong government department has issued a license for OTC trading in virtual assets.
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