• About Us
  • Careers
  • Contact
No Result
View All Result
Wednesday, July 23, 2025
DeFi Planet
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverses
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverses
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
No Result
View All Result
DeFi Planet
No Result
View All Result
Home News Crypto

Eddid Financial Secures SFC Approval to Launch Crypto Deposit and Withdrawal Services

22 July 2025
in Crypto, Regulation
Reading Time: 3 mins read
103 5
Eddid Financial Secures SFC Approval to Launch Crypto Deposit and Withdrawal Services

Source: PR Newswire

Eddid Financial has received regulatory approval from Hong Kong’s Securities and Futures Commission (SFC) to launch digital asset coin in/out services, positioning the firm to deepen its footprint in the virtual asset space.

The clearance was granted to its subsidiary, Eddid Securities and Futures, and marks a key milestone in the group’s broader crypto strategy.

The approval allows Eddid to enable direct crypto deposits and withdrawals through its trading platform, Eddid ONE. Supported assets will include Bitcoin (BTC), Ether (ETH), USD Coin (USDC), Tether (USDT), and USDT-TRC. This upgrade will provide investors with streamlined access to crypto markets, eliminating the operational burden of managing private keys or external wallets.

Eddid said the service aims to simplify user interaction with digital assets, providing a secure and compliant on-ramp that meets rising demand for liquidity and flexible portfolio allocation. It also reflects the firm’s expanding ambitions in tokenized finance, including stablecoins and real-world asset (RWA) products.

Dr. Ricky Yeung, Head of Virtual Asset at Eddid Financial, noted that digital assets are becoming essential to modern investment strategies, adding that the SFC’s green light reinforces the group’s operational readiness and compliance strength. He added that the firm will continue to scale its virtual asset offerings across its global fintech infrastructure.

The move follows an accelerating wave of regulatory approvals in Hong Kong aimed at establishing the city as a major digital asset hub. Building on this regulatory milestone, Eddid Financial has also announced a strategic partnership with EXIO Limited—one of Hong Kong’s first fully licensed virtual asset trading platforms. This collaboration aims to enhance trading efficiency and liquidity within the city’s digital asset market. Under the partnership, Eddid will provide liquidity support and settlement services for EXIO’s virtual asset transactions. The integration is expected to deliver a smoother trading experience for institutional and high-net-worth clients by improving execution and minimizing operational bottlenecks.

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

“Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”

Don't miss out!

Subscribe To Our Newsletter

Receive top education news, lesson ideas, teaching tips and more!
Invalid email address
Give it a try. You can unsubscribe at any time.
Thanks for subscribing!
Tags: Eddid FinancialSFC
Share63Tweet39Share11
Jewel Buddy

Jewel Buddy

Buddy Jewel is a finance writer specializing in cryptocurrency news. With a keen eye on the latest developments in the digital asset space, I provides insightful and timely updates on the ever-evolving world of crypto.

Related Posts

Amber Group Launches $10M Hackathon to Drive AgentFi Crypto Innovation
Crypto

Amber Group Launches $10M Hackathon to Drive AgentFi Crypto Innovation

22 July 2025
BlockDAG Presale Offers 100% Coin Unlock, Projects 3,000% Returns
Crypto

BlockDAG Presale Offers 100% Coin Unlock, Projects 3,000% Returns

22 July 2025
Coinbase Debuts Perpetual Futures Trading for U.S. Users
Crypto

Coinbase Debuts Perpetual Futures Trading for U.S. Users

22 July 2025
Cross-Chain Crypto Crime Surges Past $21 Billion in 2025 — Elliptic
Crypto

Cross-Chain Crypto Crime Surges Past $21 Billion in 2025 — Elliptic

22 July 2025

Featured Posts

What is a Crypto Order Book and How Does it Work?

What is a Crypto Order Book and How Does it Work?

byOlayinka Sodiq
14 July 2025
0

Elon Musk's xAI Colossus: What It Is and Why It’s a Big Deal?

Elon Musk’s xAI Colossus: What It Is and Why It’s a Big Deal?

byOlayinka Sodiqand1 others
12 July 2025
0

Is AI the Future of Crypto Trading or a Threat to Market Stability?

Is AI the Future of Crypto Trading or a Threat to Market Stability?

byOlajumoke Oyaleke
7 July 2025
0

What Are DeFi Options Vaults, and How Do They Work?

What Are DeFi Options Vaults, and How Do They Work?

byOlajumoke Oyaleke
26 June 2025
0

source: investorplace.com

How to Find the Newest Cryptocurrencies Before They’re Listed

byOlayinka Sodiq
30 December 2024
0

Read More

Chain of Thoughts

The Game-changing Triumvirate: Blockchain, Data Science, and Artificial Intelligence

The Game-changing Triumvirate: Blockchain, Data Science, and Artificial Intelligence

byOlu Omoyele
30 June 2025
0

...

Are Stablecoins Bank Deposits?

Are Stablecoins Bank Deposits?

byOlu Omoyele
31 May 2025
0

...

DAOs and the Coordination of Human Endeavour

DAOs and The Coordination of Human Endeavour

byOlu Omoyele
27 April 2025
0

...

Should DeFi Be Regulated?

Should DeFi Be Regulated?

byOlu Omoyele
27 March 2025
0

...

Markets Update

Your Weekend Crypto Roundup | July 2025 (Week 3)

4 days ago

Account Abstraction Adoption: Are Users Ready for Smart Wallets?

6 days ago

The Role of Real-World Assets (RWAs) in the Next DeFi Boom

1 week ago

Stablecoins in 2025: Still Depegging or Finally Stable?

1 week ago

Your Weekend Crypto Roundup | July 2025 (Week 2)

2 weeks ago

The Battle for Web3 Infrastructure: Which Platforms are Dominating in Decentralized Storage, Compute, and Identity?

2 weeks ago
Read More

Events

Rare Evo 2025
Rare Evo 2025
6 Aug 25
Las Vegas
CBDC Conference
CBDC Conference
9 Sep 25
Nassau

Spotlight

All about Ethereum
All about Algorand
All about Bitcoin
All about Gora

Press Releases

Ethereum Based Meme Coin PEPETO Raises Above $5.5M in Presale

bychainwire
22 July 2025
0

USDf Demand Climbs as Falcon Reveals 11.8% Yield Strategy and Risk Cap Model

bychainwire
22 July 2025
0

MultiBank Group’s $MBG Token TGE Is Live on MexC, Gate.io, Uniswap and Multibank.io.

bychainwire
22 July 2025
0

CARV Advances AI Beings Roadmap with Hackathon and 12+ Ecosystem Partnerships

bychainwire
22 July 2025
0

Monarq Asset Management Appoints Sam Gaer as CIO to Lead Directional Strategy

bychainwire
21 July 2025
0

Read More

ADVERTISING

ABOUT

TEAM

CAREERS

CONTACT

TERMS & CONDITIONS

PRIVACY POLICY

© Copyright 2025 DeFi Planet

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter and activate your license key for Cryptocurrency Widgets PRO plugin for unrestricted and full access of all premium features.

Add New Playlist

No Result
View All Result
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverses
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer

© Copyright 2024 DeFi Planet   |   Terms & Conditions   |   Privacy Policy

-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00