Hong Kong Securities and Futures Commission conditionally approves virtual asset trading services, Delin Securities completes Type 1 license upgrade

2025-12-31 01:50:12

【BlockBeats】Important progress from Hong Kong. Delin Securities recently received conditional approval from the Hong Kong Securities and Futures Commission (SFC) to provide virtual asset trading services under the comprehensive account arrangement framework. This approval is conditional—Delin Securities must meet certain conditions related to its existing Type 1 regulated activity license before it can be fully implemented.

The good news is that all conditions have now been accepted. On December 29, Delin Securities agreed to all the conditions proposed by the SFC, and only the formal approval document remains. Once received, virtual asset trading services can officially commence.

In addition, the company is also working on upgrading its Type 4 license (advising on securities), which is currently in the final approval stage with the SFC. Once approved, it will mark another significant license expansion.

This series of regulatory developments reflects Hong Kong’s ongoing efforts to standardize virtual asset trading. Globally, regulators are refining virtual asset trading frameworks, and as an international financial center, Hong Kong’s conditional approvals provide a clear compliance pathway for mainstream entrants. This is a positive signal for the entire Web3 trading ecosystem.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

7 Likes

Reward
7
5
Repost
Share

Comment

0/400

FlatTax

· 5h ago

Hong Kong is really pushing for virtual asset compliance. Delin's license upgrade is indeed making moves. --- It's conditional approval again, and now we have to wait for the official documents... This process is really tedious. --- Both Category 1 and Category 4 are progressing, there’s some real development. --- Trading under the comprehensive account framework sounds like the regulatory framework is becoming more complete. --- With Delin's pace, it seems like they want to take over the virtual asset trading market in the Asia-Pacific region. --- Once the conditional acceptance is done, is that it? Still waiting for the official approval documents, haha. --- Hong Kong hasn't slowed down at all; other places are watching and have to keep up.

View OriginalReply0

HodlOrRegret

· 5h ago

Delin's recent moves are quite steady; they've accepted all the conditions and are just waiting for the documents to be finalized. Hong Kong is indeed pushing forward with virtual asset compliance, but the approval for the Type 4 license still needs some time. By the way, does anyone know what will happen once trading services officially start?

View OriginalReply0

MEVSandwichVictim

· 5h ago

Delin takes another step forward. Hong Kong is indeed serious about virtual assets. Let's wait until the regulations are finalized; we've seen plenty of progress on paper. Licenses upgrading, upgrading, upgrading—when will we actually be able to use them? This pace... faster than I expected, not bad. The compliance path still needs to be followed, but at least someone is on it.

View OriginalReply0

MetaReckt

· 5h ago

Hong Kong is playing its cards well; the compliant approach is coming step by step. Is Delin about to take off again? Finishing Category 1 and then quickly following with Category 4—this pace is quite aggressive. Once all the conditions are met, we're just waiting for the official documents. Virtual asset trading is not far from becoming a reality. It sounds like Hong Kong is really taking this seriously, much better than some other places. A brokerage holding so many licenses is a big deal in the crypto world—this is a significant development.

View OriginalReply0

0xInsomnia

· 5h ago

Delin is once again obtaining a license in Hong Kong, this pace really is unmatched. Hong Kong is becoming increasingly competitive, and the virtual asset sector is finally seeing the entry of legitimate players. Wait, is the Category 4 also under review? Are they going for the full package? But to be fair, even after conditional approval, we still have to wait for the official documents. This process is indeed a bit slow. I’m optimistic about Delin, but the Hong Kong dollar regulation system is really complicated.

View OriginalReply0