digital asset businesses may submit an application for a license any time, but in any case, before commencing the businesses. The SEC has informed digital asset investment consultants and digital asset fund
initiating after the market closing time shall be deemed as it is initiating in the next business day. Clause 3 A derivatives broker shall at least include the following information in the confirmation
trading initiating after the market closing time shall be deemed as it is initiating in the next business day. Clause 3 A derivatives broker shall at least include the following information in the
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transaction amount via electronic payment (“E-Payment) channel which the Company has collaborated with WeChat Pay in 2017. Commencing in early of 2018, the Company expand E-Payment channel by receiving
relating to the joint venture project and/or proceed with any necessary arrangements relating to the joint venture project, commencing from execution of contract, memorandum of agreement, and various
exempt from preparing and filing reports for all categories, except report of clients’ assets as prescribed in Clause 3(3), commencing from the month in which the business operation ceases. Such exemption
application result; (4) Extending the time period for commencing the operation of the business from 180 days to 270 days from the date of obtaining the license. Under the proposed rule, the licensee could