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OKX cryptocurrency exchange to apply for virtual asset license in Hong Kong

OKX cryptocurrency exchange to apply for virtual asset license in Hong Kong

Seychelles-based cryptocurrency exchange OKX has set up an office in Hong Kong and will apply for virtual asset licenses to operate digital asset services in the city.

OKX said it plans to apply for the virtual asset service provider (VASP) license under the Anti-Money Laundering and Counter-Terrorist Financing (Amendment) Ordinance 2022, which is to take effect on June 1.

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