News Snapshot:
New crypto regulations in Hong Kong could result in increased crime, crypto exchanges warn. 1 hour Hong Kong’s proposed rules on licensing virtual money platforms could encourage financial crime, say OKCoin, BitMEX, and Coinbase. Hong Kong’s proposed rules on licensing virtual money platforms could encourage financial crime, say OKCoin, BitMEX, and Coinbase. According to the South China Morning Post report , cryptocurrency exchanges are on tenterhooks as they await the outcome of a proposal by Hong Kong’s government to ban retail investors from trading in the city, at a time when cryptocurrencies are winning acceptance as mainstream forms of payment...
