Delin Securities approved by the Hong Kong Securities and Futures Commission! Virtual asset trading services are about to launch

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【BlockBeats】Delin Holdings(01709.HK) has just released a major announcement. Its subsidiary Delin Securities(Hong Kong), which holds a 70% stake, officially received conditional approval from the Hong Kong Securities and Futures Commission (SFC) on December 29th to provide virtual asset trading services under the comprehensive account arrangement framework.

This may seem like a simple approval, but its implications are significant. Delin Securities must first accept several conditions of the existing Type 1(Securities Trading) regulated activity license before it can truly launch its virtual asset trading business. The good news is that all these conditions were accepted on December 29th, and once the SFC issues the final formal approval, they can officially open for business.

Furthermore, Delin is also working on upgrading its Type 4(Advising on Securities) regulated activity license—which indicates they are not only interested in virtual asset trading but also aiming to expand into crypto asset investment advisory services. It is understood that this upgrade application is currently in the final approval stage with the SFC. Once approved, Delin will announce it in a timely manner.

For users interested in trading virtual assets on a compliant platform in Hong Kong, this signals another new option.

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blockBoyvip
· 4h ago
Oops, Delin is up to his tricks again. Even the Hong Kong Securities and Futures Commission has given the green light. --- Another step forward on the compliance road, but actual business operations still require official approval. --- Is the investment advisory license also in progress? Looks like they want to cover all aspects of the business. --- Accepted all conditions on December 29th. Impressive efficiency. --- The virtual asset trading service is about to launch, and another licensed institution is coming to shake things up. --- Delin is really laying out his plans, from trading to advisory, taking steady steps. --- Let's wait for the official approval; it will likely be another catalyst for market activity. --- Conditional approval sounds good, but the key is whether it can truly be implemented and operated afterward.
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VitalikFanboy42vip
· 4h ago
It's another approval from the Hong Kong Securities and Futures Commission, the usual routine. However, Delin has been quite serious this time, accepting all the conditions, just waiting for the official approval letter.
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ShibaOnTheRunvip
· 4h ago
Wow, is Delin really about to get on board? Hong Kong Securities and Futures Commission approval + investment advisory license, that's impressive.
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SatoshiLeftOnReadvip
· 4h ago
Wow, Delin's move this time is pretty good. All the conditions are met, just waiting for the final approval.
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NullWhisperervip
· 4h ago
conditional approval is just regulatory theater until the actual license lands, tbh. interesting they're already eyeing the advisory side though—that's where the real margin sits. let's see if these "conditions" actually get addressed or if this becomes another waiting game.
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