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coinpedia 2024-02-15 14:16:47

Hong Kong’s New Crypto Regulations: A Move to Curb Fraud and Enhance Security

The post Hong Kong’s New Crypto Regulations: A Move to Curb Fraud and Enhance Security appeared first on Coinpedia Fintech News In Hong Kong, authorities propose strict regulations for cryptocurrency trading shops to curb fraud and illegal activities. Hong Kong regulators suggested a broad crackdown on February 8. Over-the-counter (OTC) shops would have to get a new type of license, keep a local management office open, and give clear transaction data. However, the plan is in …

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