ChainCatcher News reports that the Hong Kong Securities and Futures Commission (SFC) has officially approved Victory Fintech Company Limited (brand: VDX) to operate a virtual asset trading platform. This is the first new platform license approved by the SFC since 2025, bringing the total number of licensed virtual asset trading platforms to 12.
It is understood that Victory Fintech is a subsidiary of Victory Securities, a Hong Kong-listed company (stock code: 8540), and has been approved to engage in regulated activities Class 1 (securities trading) and Class 7 (automated trading services). Its affiliated entity, VDX Custody Limited, has also received approval under anti-money laundering and counter-terrorist financing regulations to provide digital asset custody services.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Confiscated Bitcoins Disappear Due to Poor Police Management... Urging the Development of Virtual Asset Management Strategies
The police have decided to reform virtual asset management due to Bitcoin disappearances, launching the "Virtual Asset Confiscated Property Management System Improvement Plan," which details management at each stage to ensure security. At the same time, the plan includes entrusting trusted providers to safekeep virtual assets and establishing management rules and manuals to address the severity of past management issues.
TechubNews3h ago
SEC Guidance Turns USD Stablecoins Into Tradable Cash Equivalents
_SEC allows broker-dealers to treat eligible USD stablecoins as ready market assets with a 2% haircut._
_SEC staff guidance classifies certain USD stablecoins as cash equivalents for net capital calculations._
_Broker-dealers can apply a 2% haircut to USD-pegged stablecoins when
LiveBTCNews3h ago
White House Explores Stablecoins to Strengthen Dollar Power
The White House is considering stablecoin legislation to boost the dollar's global role, with support from banks. The GENIUS Act mandates regulatory oversight for stablecoins, promoting efficiency in payments while ensuring traditional banks remain vital for lending.
CryptoFrontNews3h ago
Bitcoin ATM operator Bitcoin Depot introduces a "Mandatory Identity Verification for Each Transaction" policy
Odaily Planet Daily reports that Bitcoin Depot, a NASDAQ-listed Bitcoin ATM operator, announced the launch of a phased new compliance policy requiring users to provide identification information for every transaction at their Bitcoin ATMs (BTMs). The policy aims to further prevent crypto ATM scams and illegal activities. It is reported to be an upgraded version of the previous "First Transaction Identity Verification" rule and will be gradually implemented across the US terminal network starting February 2026. (Globenewswire)
GateNewsBot6h ago
U.S. Senator pressures CFTC to fully ban "death-related" prediction market contracts
Six Democratic U.S. Senators have written to the CFTC Chairman, urging a ban on prediction market contracts related to individual deaths, citing concerns that these contracts could lead to physical harm and national security risks. They referenced multiple cases, to which the CFTC has not yet publicly responded.
GateNewsBot6h ago
