Hong Kong securities regulator issues in-principle approval to HKVAX

Anthony Ng, co-founder and CEO of HKVAX, stated in the announcement that as the exchange grows, it will continue to broaden its product offerings in Hong Kong and work with strategic investors for its next financing rounds. HKVAXs statement comes after Hong Kong debuted crypto retail trading with exchanges HashKey and OSL. Related: Hong Kong securities regulator cautions of criminal activity by unlicensed exchangesHong Kong regulators have recently been focused on managing crypto considering that the FTX collapse.