GuShiio.com GuShiio.com learned that according to East China Network, since the implementation of the virtual asset trading platform (VATP) licensing system in June 2023, the Hong Kong Securities and Futures Commission has issued a total of 9 licenses, and there are still 9 platforms awaiting approval. Leung Fengyi, CEO of the China Securities Regulatory Commission, said that more platforms will be licensed within this month and plans to establish a formal advisory group for all licensed VATPs in the short term to formulate a roadmap for virtual asset development. The CSRC also plans to conduct a second round of consultations on the regulation of over-the-counter (OTC) trading and custody services for virtual assets, which is expected to develop a clearer regulatory framework for the OTC market and related services.
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