DigiFT, a licensed digital asset exchange in Singapore: is actively exploring the possibility of entering the Hong Kong market
DigiFT, a digital asset trading platform based on Ethereum, officially obtained a capital market service license issued by the Monetary Authority of Singapore (MAS) in December of last year. According to the founder and CEO of the platform, Zhang Zhihao, Hong Kong is an important financial market and is actively exploring development opportunities there. He stated that "obtaining a Hong Kong license is one of the considerations for business development." However, DigiFT needs to communicate with regulatory agencies and market participants in various aspects such as public blockchain, digital currency, and industry research in addition to regulatory agencies.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Thailand proposes ban on Polymarket to combat online gambling
Bloomberg: Many crypto hedge funds achieved double-digit returns last year
Jamie Dimon Labels Bitcoin a Tool for Crime While JPMorgan Profits from Crypto
Bitcoin Stalls After Record Highs: Analysts Urge Calm Amid Market Pause