On April 28, according to Hui Gang Communication, Victory Securities today announced obtaining two virtual asset business approvals from the Hong Kong Securities and Futures Commission. The company is authorized to provide discretionary asset management services (DAMS) for virtual assets to retail and professional investors, allowing investment in spot virtual assets, virtual asset futures, and options in accordance with the commission's suitability regulations.
At the same time, the company is also authorized to distribute virtual asset structured products to professional investors through physical subscription and settlement.
