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coinpedia 2024-09-13 11:43:05

Hong Kong’s SFC Proposes New Licensing for OTC Crypto Services

The post Hong Kong’s SFC Proposes New Licensing for OTC Crypto Services appeared first on Coinpedia Fintech News Hong Kong’s Securities and Futures Commission (SFC) is contemplating a new licensing regime for over-the-counter (OTC) cryptocurrency services and gathering industry players’ feedback. This proposed regulation aims to bring OTC trading under the SFC’s oversight in collaboration with the Customs and Excise Department. The SFC has flagged unlicensed crypto platforms in an alert list, intensifying …

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