Victory Securities announced that two virtual asset businesses have been approved by the Hong Kong Securities and Futures Commission.

According to PANews on April 28, Victory Securities announced today that it has officially obtained two important approvals from the Hong Kong Securities and Futures Commission for virtual asset business, to provide products and services related to virtual assets (VA): 1) Approval to provide fully delegated account management services for virtual assets to retail and professional investors, investing in spot virtual assets, virtual asset futures, and virtual asset options in accordance with the suitability regulations of the Securities and Futures Commission; 2) Approval to distribute physically subscribed and settled virtual asset structured products to professional investors.