Although it arrived a bit late, it's still acceptable 🤔
Binance News
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Hong Kong Securities and Futures Commission considers allowing licensed platforms to provide tokenized securities trading for retail clients
According to ChainCatcher, the Hong Kong Securities and Futures Commission is considering allowing licensed virtual asset trading platforms (VATP) to provide secondary trading services for tokenized securities to retail clients. The Deputy Director of the Intermediary Supervision Department, Luo Haishi, stated that the authorities are studying relevant requirements, operational risks, and control measures, and are drafting relevant circulars.Currently, retail investors in Hong Kong can only subscribe to and redeem tokenized funds in the primary market. Luo Haishi pointed out that the authorities are concerned about local tokenized money market funds and hope to allow them to be traded on licensed VATP platforms, and have initially consulted the industry.
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