Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.
The Securities and Futures Commission (SFC) of Hong Kong has granted in-principle approval to HKVAX, a proposed digital securities platform, to operate under its regulatory sandbox. The platform, which is a joint venture between Tencent and the Hong Kong Stock Exchange, aims to offer a regulated platform for the issuance, trading, and settlement of digital securities. The regulatory sandbox is designed to enable firms to test innovative financial technologies in a controlled environment before full-scale deployment. The approval of HKVAX is seen as a significant step forward for the development of the digital securities market in Hong Kong.
