VDX Offers VASP License Panel with Leading Experts in Hong Kong

The event is designed to answer institutional investors’ most pressing questions on license and compliance.

(Hong Kong, Aug.9) VDX, the up-and-coming digital asset platform trusted by Fortune 500s,today launched the VDX Events series hosted by Jonathan Crompton from RPC Law Firm joined by panel speakers including Alvin Kwock, Co-founder Onelnfinity by OneDegree, Donald Day, Chief Operation Officer at VDX and Kennix Chan, Executive Director at Victory Securities.

This first event in the series focuses on the pressing questions asked by institutional investors:

What are the Do’s and Don’ts When applying for VASP licenses?

The event marks VDX’s commitment to providing the highest quality consulting services to aspired license applicants with first-hand knowledge and advisory.

During the event, panelists shared many interesting views on the necessity for crypto companies to get licensed and views on the Hong Kong VASP license regime in terms of areas of strength and room for improvement.

“There are many inaccurate rumors about how the virtual asset licensing process works in Hong Kong, especially for trading platforms. Thus, it’s essential to connect with real experts to understand how to approach this complex, yet very manageable, licensing process,” said Donald Day, COO of VDX.

“We are extremely happy that Hong Kong is now in a leading position regulating virtual assets and setting out frameworks for licensing. This will certainly help re-gaining investor confidence by focusing on investor protection. In the coming days, we expect there will be more and more development in the virtual asset space as the Hong Kong government and regulators are now working on further regulatory frameworks in this space such as security tokens (STO) and stablecoins.” said Kennix Chan, Executive Director at Victory Securities.

“It’s a timely panel, just on the heels of SFC’s statement warning VATPs of the potential legal and regulatory consequences of improper practices. We hope to enable good actors in Web3 to thrive and have a productive relationship with regulators because this is what it takes to take Web3 mainstream,” said Alvin Kwock, co-founder of OneInfinity by OneDegree.

Founded in 2021, VDX was founded to connect traditional finance trading expertise with digital assets. The company is fully committed to ensuring all products and services it offers are regulated, reliable, safe, and fair services to global investors and financial institutions. Trusted by Fortune 500s, VDX works with brokers, banks, fund managers, and family offices across Asia.

About VDX:

Based in Hong Kong, VDX is creating a world-leading digital asset platform, committed to bringing regulated, reliable, safe, and fair services to global investors and financial institutions. Bridging traditional and digital finance, VDX provides a trusted gateway for brokers, banks, fund managers, and family offices to access the digital asset space in a compliant way.

The VDX founders and management team have extensive backgrounds and experience in traditional finance, digital assets, exchange operations, compliance, and regulation. Our hand-picked team of experts is committed to enabling client success and acting as your most trusted partner.

Contact

Greta Yuan

greta.yuan@vdx.com