The new license allows Huobi to advise on and manage securities investments.
Hong Kong's government is set to change the rules for cryptocurrency firms operating within the city jurisdiction, according to remarks made Tuesday.
Crypto hubs like Hong Kong, Singapore and Japan have a clearer regulatory picture going forward and are progressing faster than the U.S. and Europe.
OSL Digital Securities was the first crypto exchange to apply for the SFC's opt-in license last November.
Tencent received the green light from the Hong Kong Securities and Futures Commission to build a blockchain-based virtual bank.
The Securities and Futures Commission will license crypto trading platforms like traditional brokers if they offer security tokens.
Only one financial fund has passed Hong Kong's framework for digital asset investments.
Hong Kong's Securities and Futures Commission (SFC) has issued regulations for fund managers investing in "virtual assets."
Hong Kong's Securities and Futures Commission says it will bring crypto funds under its securities regulations to improve investor protection.
The deputy head of Hong Kong's Securities and Futures Commission has taken a skeptical tone in statements on initial coin offerings.