OKG Technology Holdings Limited announced the launch of OKLink On-Chain AML, an all-in-one solution designed to facilitate virtual asset compliance, at the Greenwich Economic Forum in Hong Kong (GEF-Hong Kong). Stratford Finance Limited Chief Executive Officer and former HKEX Compliance Head Angelina Kwan, BC Technology Group Deputy Chairman Ken Lo, ZA Bank Head of Technology and Operational Risk Kay Hung, and Hong Kong Police Force - Cyber Security and Technology Crime Bureau Senior Inspector Doris Keung were among the panelists. The OKLink On-Chain AML solution, which features KYT (Know Your Transaction) technology, demonstrates OKG Tech's commitment to furthering the advancement of the virtual asset industry with blockchain-powered solutions.

In addition to its latest product, OKG Tech offers other OKLink solutions, including Blockchain Explorer, a one-stop data analysis platform for Web3, and Chaintelligence, an on-chain data monitoring tool that facilitates regulation. The launch of OKLink On-chain AML follows the implementation of Hong Kong's new licensing regime for virtual asset service providers (VASPs), which came into force on June 1, 2023. The new VASP guidelines include various measures to protect investors, such as safe custody of assets, segregation of client assets and cybersecurity standards.

With VASPs now within the regulatory framework of Hong Kong, there will be an increased focus on regulatory compliance requirements, including AML and on-chain transaction monitoring. As one of the most influential conferences for the global alternative investment industry, the GEF brings together C-suite executives and global thought leaders to discuss trending topics including FinTech, blockchain, Web3, digital assets, artificial intelligence, wealth management and ESG. Hong Kong Stock Exchange (HKEX) CEO Nicolas Aguzin, Financial Services and the Treasury Bureau of the Government of Hong Kong SAR Deputy Secretary Joseph Chan, Invest Hong Kong Head of Financial Services and FinTech King Leung and veteran emerging-markets investor Mark Mobius, as well as representatives from other government agencies are among this year's list of GEF attendees.