Coinpedia - Fintech & Cryptocurreny News Media
Headlines

Hong Kong Crypto Regulations Reject ‘Light Touch’ Approach

The post Hong Kong Crypto Regulations Reject ‘Light Touch’ Approach appeared first on Coinpedia Fintech News

Hong Kong has warned crypto firms attracted to its efforts to establish a hub for digital assets that they ought to anticipate a stringent regulatory framework. The Hong Kong Monetary Authority’s Chief Executive, Eddie Yue stated in an interview at the Bloomberg Asia summit on Tuesday that their “light-touch” regulation will be stringent. Allowing them to establish the ecosystem in this location generates a high level of enthusiasm. However, light regulation is not necessarily implied.

Related posts

Santiment Report: Stablecoin Behavior Reveals Bullish Sentiment as Bitcoin Consolidates

EdaFace Admin

The Next-Generation Of CBD Marketplace Powered By Blockchain

EdaFace Admin

Top 3 Most Competitive Crypto Exchanges to Buy Digital Assets in 2024!

EdaFace Admin

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More