Hong Kong regulators set to tighten oversight on crypto exchanges

Hong Kong regulators set to tighten oversight on crypto exchanges

Authorities in Hong Kong have revealed plans to further increase regulatory oversight on bitcoin (BTC) trading venues and crypto-related businesses. In his annual budget speech, Hong Kong Financial Secretary Paul Chan hinted that the government is looking to further strengthen its anti-money laundering (AML) and counter-terrorist financing regulations.

Timothy
Timothy
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