MC Group Gains Regulatory Approval for Crypto Trading in Hong Kong

Magic Compass Group (MC Group) has secured a key regulatory boost from Hong Kong’s Securities and Futures Commission (SFC), enabling the firm to offer crypto trading services. This expansion comes with a Type 1 license upgrade, allowing MC Group to operate within Hong Kong’s growing crypto industry. By leveraging its existing securities license, the firm can now facilitate virtual asset transactions for clients already involved in traditional financial markets.