{"id":"tp-4053","type":"article-newspaper","title":"Hong Kong-based crypto exchanges offering security token trading now required to acquire SFC license","author":"J Russ Isberto","publisher":"TOKENPOST Inc.","url":"https://www.tokenpost.com/news/regulation/4053","datePublished":"2019-11-07T04:18:58.000Z","dateModified":"2019-11-07T04:18:58.000Z","language":"en","abstract":"Hong Kong has recently bolstered its crypto regulation, releasing a position paper that requires crypto exchanges to acquire an SFC license if they’re offering trading services in security tokens.","section":"Regulation","references":[{"title":"protect investors from illicit actors","url":"https://tokenpost.com/North-Korea-laundered-money-through-a-Hong-Kong-based-blockchain-firm-UN-4052"},{"title":"CoinDesk reported","url":"https://www.coindesk.com/hong-kong-regulator-to-treat-crypto-traders-like-brokers-under-new-rules"},{"title":"the paper read","url":"https://www.sfc.hk/web/EN/files/ER/PDF/20191106%20Position%20Paper%20and%20Appendix%201%20to%20Position%20Paper%20(Eng).pdf"},{"title":"The New York Times reported","url":"https://www.nytimes.com/reuters/2019/11/06/technology/06reuters-hongkong-regulator-crypto.html"},{"title":"warning on virtual asset futures contracts","url":"https://www.sfc.hk/web/EN/news-and-announcements/policy-statements-and-announcements/sfc-issues-warnings-on-virtual-asset-futures-contracts.html"},{"title":"https://www.flickr.com/photos/jamescridland/4273967798","url":"https://www.flickr.com/photos/jamescridland/4273967798"},{"title":"https://creativecommons.org/licenses/by/2.0/","url":"https://creativecommons.org/licenses/by/2.0/"},{"title":"TokenPost","url":"https://www.tokenpost.com"}]}