News Snapshot:
News , Regulation Hong Kong has announced that it will regulate all cryptocurrency trading platforms operating in the financial hub. Last year, Hong Kong’s Securities and Futures Commission (SFC) launched a regulatory framework specifically for cryptocurrency trading platforms. However, the framework was restricted to those platforms that traded an asset officially classed as a security or future, not just tokens like bitcoin. On Tuesday, SFC chief executive Ashley Alder said that the Hong Kong government will propose a new licensing regime under its anti-money laundering legislation, requiring all cryptocurrency trading platforms that operate there, or target investors in the city,...
