Hong Kong-based Fusang Group announced it has received approval for a securities exchange license from the Labuan International Business and Finance Centre (IBFC), based in Malaysia, becoming the first fully licensed Asian securities exchange with a focus on digital assets. The group is a provider of asset management services to affluent families and individuals in Asia. As a licensed Securities Exchange, Fusang Exchange will be able to offer primary listings of public companies and will support the trading of tokenized securities, cryptocurrencies, and fiat currencies. Running simila...
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