The post Hong Kong SFC Tightens Crypto with New Licensing Regime: What’s Next? appeared first on Coinpedia Fintech News
In a significant change for Hong Kong’s finance, 22 big industry players, including well-known names like Crypto.com and OKX, are seeking a crypto license from the Securities and Futures Commission (SFC) to become virtual asset exchanges in the city. This comes after Hong Kong’s Legislative Council amended the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO) …
