Chinese 'Robinhood' Futubull Secures Crypto Trading License in Hong Kong

IconCryptoNewsTerminal Staff08 Jul, 2024

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Chinese 'Robinhood' Futubull Secures Crypto Trading License in Hong Kong

Hong Kong's "Chinese Robinhood" Receives Crypto License Futubull, Hong Kong's leading online brokerage, has acquired a virtual asset trading platform license from the city's Securities and Futures Commission (SFC). This license will enable Futubull to offer cryptocurrency trading services to professional and individual investors. As a result, Futubull, which is often referred to as the "Chinese Robinhood," joins the ranks of licensed crypto exchanges in Hong Kong. This move is seen as a significant step in the adoption of cryptocurrencies in the region and a testament to Futubull's commitment to providing comprehensive financial services.