Victory Securities announces the approval of two virtual asset business licenses by the Hong Kong Securities and Futures Commission

ChainCatcher news, according to reports from Huigang Communications, Victory Securities announced today that it has obtained two approvals for virtual asset business from the Hong Kong Securities and Futures Commission.

The company is authorized to provide Discretionary Account Management Services (DAMS) for virtual assets to retail and professional investors, allowing investments in spot virtual assets, virtual asset futures, and options in accordance with the SFC's suitability regulations. Additionally, the company is also authorized to distribute structured products of virtual assets that are settled and subscribed in physical form to professional investors.