Hong Kong Banning Cryptocurrency for Retail Traders


Source: ripplecoinnews.com ripplecoinnews.com

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February 19, 2021 Hong Kong is banning crypto for retail traders, as the legislative monthly bill , offered by the City’s monetary regulators and treasury bureau, accomplished the 3-months introductory time period in the course of which the bill was presented right before the pertinent get-togethers. Bill was ready by Hong Kong’s Money Companies and Treasury Bureau previous November. It will proficiently ban crypto for retail traders and will also impel all the crypto-associated platforms to attain a license from the City’s money regulatory system SFC-Securities and Futures Commission. After the bill is handed, only the traders who will qualify...