Hong Kong Introduces Draft Legislation To Treat Cryptocurrency Exchanges Like Traditional Finance

The proposed law governing cryptocurrencies will boost Kong Kong’s leap into the virtual asset market and will also bring their providers into the mainstream of the island’s financial services sector. *Amendments Set To Align Cryptocurrency Sector With Traditional Finance* Amendments have been introduced to govern the cryptocurrency market in Hong Kong and now await approval from members of the Legislative Council of China’s special administrative region.

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