Hong Kong Strives to be Crypto Hub With New Regulations

[Uritron]

Hong Kong’s embrace of crypto assets is noteworthy, particularly in light of China’s strict anti-crypto policies, including the ban on bitcoin trading and mining in 2021. The Hong Kong Securities and Futures Commission (SFC) has taken proactive steps by introducing a regulatory framework for digital assets earlier this year. This framework enables companies to apply for registration and offer their crypto services in a regulated manner. Currently, only two firms, OSL Digital, and Hash Blockchain, have received licenses from the SFC.

[maspluto]

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