The Hong Kong Securities and Futures Commission has approved the commencement of over-the-counter (OTC) trading of virtual assets, initially supporting BTC, ETH, and other cryptocurrencies.

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[Hong Kong SFC Approves EX.IO to Conduct Over-the-Counter Virtual Asset Trading, Initially Supporting BTC, ETH, etc.] Mars Finance reports that EX.IO, a licensed virtual asset trading platform in Hong Kong, has announced that it has received formal approval from the Hong Kong Securities and Futures Commission (SFC) to conduct over-the-counter (OTC) virtual asset trading services under the existing virtual asset trading platform license framework. The OTC trading service has now been officially launched and is open to eligible investors. Initially supported currencies include cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), USDT, USDC, and USDT TRC20, as well as fiat currencies such as US dollars and Hong Kong dollars.

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