Chinese state-owned company Greenland Holdings plans to focus on the cryptocurrency industry by opening a new unit in Hong Kong.
On the Hong Kong front, positive developments continue to be experienced in the crypto money sector. Finally, an important clarification greenland financial Technology from Group came. Chinese percent of government to 46.4 The company he owns opened a new unit in Hong Kong. Focus on the cryptocurrency industry announced its plans.
In the statement made by the company, within the scope of the said activity plans, it was submitted to the Securities and Futures Commission. (SFC) license application will be made. Greenland’s primary goal cryptocurrencies, NFTs And carbon with emissions to trade related products. The company is currently from the SFC for securities advisory and asset management. has two licenses.
CEO of Greenland Financial Technology Group James GengJing He made the following statements about the importance of this step to be taken:
After gaining digital banking experience in Singapore and with our digital business expansion in the mainland over the last five years, we are confident that we are now ready to step into Hong Kong. Having solid regulation and investor protection is key to Hong Kong’s development as a virtual asset trading hub.
SFC’s guidelines for the cryptocurrency industry June 1 It is expected to enter into force on Along with these guidelines ensuring regulatory clarity and with it the crypto currency expansion in Hong Kong. gaining speed is intended.