Hong Kong Market Watchdog to Ban Retail Investors & Regulate All Crypto Trading Platforms


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Search Hong Kong Market Watchdog to Ban Retail Investors & Regulate All Crypto Trading Platforms It has started: Hong Kong’s Securities and Futures Commission (SFC) to propose a new licensing regime under its AML legislation. Email Hong Kong’s market watchdog said on Tuesday that the city will now regulate all cryptocurrency trading platforms, including the overseas platforms targeting local investors operating in its financial hub, making a shift from its previous “opt in” approach. According to South China Morning Post , with this, the aim is to ban retail investors from trading in cryptos and to end the unregulated trading...