Media: 5 currency exchanges may enter the Hong Kong Securities Regulatory Commission's regulatory sandbox

On November 1, 2018, the Hong Kong Securities and Futures Commission issued new rules for investment in virtual assets such as digital currencies, and proposed to include virtual asset trading platforms in the regulatory sandbox management before issuing licenses. More than a year later, a reporter from 21st Century Business Herald learned from people familiar with the matter that up to now, no more than five digital asset exchanges have been included. At present, there are not many companies applying for this license, and the Hong Kong Securities Regulatory Commission has not yet made the shortlist. In addition to the above five first batch statements, a virtual currency practitioner told reporters that he had heard that a company from the Hong Kong exchange HashKey Group was also applying. A 21st Century Business Herald reporter found that the Hong Kong stock BC Technology Group (00863.HK) also announced in November last year that it was about to apply for this license.