As of November 2026, Foris DAX HK Limited's application for a Hong Kong virtual asset trading platform license remains pending under a 'deemed-to-be-licensed' transitional status

How governments worldwide set rules for digital assets through legislation, agency rulemaking, licensing regimes and court fights.

The venues where digital assets trade, from Coinbase and Binance to decentralized protocols, with their listings, licenses, custody and failures.