Hong Kong Demands Crypto Exchange Regulation


Source: etherinthenews.com etherinthenews.com

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Quick read Summary Hong Kong will regulate all crypto trading platforms operating in the financial center, the city's financial authority said. The Securities and Futures Commission (SFC) of Hong Kong last year launched a regulatory framework specifically for crypto trading platforms. The SFC will now propose a new licensing scheme under the FATF Anti-Money Laundering Regulation for all cryptocurrency trading platforms in Hong Kong and for targeted investors in the city. All cryptocurrency trading platforms will need to apply for a SFC license. Image courtesy of FX Newsgroup Read the best crypto news analysis here! bitnewstoday.com Bitcoin, investments, regulation and...