Hong Kong is strengthening control over its virtual asset trading platforms (VATPs), preparing for a 12-month transitional phase that began on June 1, 2023. The new regulatory system is focused on countering money laundering and terrorist funding, according to a circular released by the Hong Kong Securities and Futures Commission (SFC). Existing VATPs have until The post Hong Kong SFC Puts Crypto Exchanges on Notice With New Regulations appeared first on Coin Edition .
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