Yunfeng Financial has received approval from the Hong Kong Securities and Futures Commission to provide virtual asset trading services

Yunfeng Financial (stock code: 00376.HK) recently announced that it has officially received approval from the Hong Kong Securities and Futures Commission (SFC) to upgrade its existing Type 1 regulated activity (securities dealing) license to include the provision of virtual asset trading services under an SFC-licensed platform.

This license upgrade marks a significant advancement for Yunfeng Financial in its compliance and business innovation efforts. Following the upgrade, the company will be able to provide secure and compliant virtual asset trading services to both retail and professional investors.

Clients will be able to directly buy and sell a variety of digital assets, including major cryptocurrencies such as Bitcoin and Ethereum, through Yunfeng Financial's one-stop trading platform.

This move not only further enriches Yunfeng Financial's product and service offerings, but also demonstrates the company's commitment to actively responding to Hong Kong's virtual asset regulatory policies and promoting fintech innovation within a compliant framework.

By providing convenient and reliable virtual asset trading channels, Yunfeng Financial is expected to further enhance the customer experience, expand the boundaries of its financial services, and consolidate its leading position in Hong Kong's fintech sector.