Mustafa has been writing about Blockchain and crypto since a few years. He has earlier buying and selling expertise and has been working within the Fintech trade since 2017.
The Securities and Futures Fee (SFC) of Hong Kong has granted in-principle approval to HKVAX, a proposed digital securities platform, to function below its regulatory sandbox. The platform, which is a three way partnership between Tencent and the Hong Kong Inventory Trade, goals to supply a regulated platform for the issuance, buying and selling, and settlement of digital securities. The regulatory sandbox is designed to allow companies to check progressive monetary applied sciences in a managed setting earlier than full-scale deployment. The approval of HKVAX is seen as a major step ahead for the event of the digital securities market in Hong Kong.
