Hong Kong will start accepting and regulating crypto exchanges

Hong Kong will start accepting and regulating crypto exchanges 752 367 Crypto Rand Group
crypto exchanges

Hong Kong’s financial regulators released their regulatory framework and are now accepting applications from crypto exchanges.

The Securities and Future Commission (SFC) met with virtual asset trading platform operators to discuss their businesses and explain the SFC’s regulatory expectations, covering aspects of custody, know-your-customer requirements, anti money laundering rules and market manipulation, besides issues specific to the cryptocurrency industry.

The full report can be found here