China and Hong Kong Cracks Down on Crypto as Markets See Red


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China and Hong Kong Cracks Down on Crypto as Markets See Red China and Hong Kong Cracks Down on Crypto as Markets See Red By Luke Bailey 1 hour ago Cryptocurrency 0 Comments Regulators in Hong Kong have stated that all crypto trading exchanges and companies need to be regulated regardless of whether they’re selling securities or not. China is also being heavy handed with crypto as its CBDC testing continues. According to Reuters, the Securities and Futures Commission (SFC) had previously placed an ‘opt in’ regulatory framework for cryptocurrency trading platforms. This made the region an attractive option for...