Hong Kong is improving further its laws on cryptocurrencies ???

liam_smith

New Member
1
0
1
2020
105
Hong Kong 's Financial Secretary Paul Chan said that the country was considering
improving its crypto-currency strategy by upholding Crypto Laundering Anti-Money Laundering Laws (AML)
rules.

The new regulations are intended for
providers of virtual asset service or VASPs.


In a tweet,
Cointelegraph stated that:

Cryptocurrency exchanges and precious metal dealers will be subject to
Hong Kong’s new anti-money laundering laws

Such new rules are capable of putting a strain on the global
the crisis center in Hong Kong for cryptography exchanges and unofficial agents.
The monetary authority of Hong Kong (HKMA), proposed in December that providers
of the virtual assets, services are attentive to the self-regulate behavior of their customers.
 
Top Bottom