What regulations will be put in place for crypto trading in Hong Kong?

3 answers

• Dec 17, 2021 · 3 years ago
  Currently, crypto trading in Hong Kong is regulated by the Securities and Futures Commission (SFC). The SFC requires cryptocurrency exchanges to obtain a license and comply with anti-money laundering (AML) and know-your-customer (KYC) regulations. However, there are no specific regulations governing the trading of cryptocurrencies themselves. It is expected that new regulations will be put in place to address issues such as investor protection, market manipulation, and cybersecurity.
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• Dec 17, 2021 · 3 years ago
  Crypto trading in Hong Kong is currently regulated by the SFC, which ensures that exchanges follow AML and KYC guidelines. However, there are no specific regulations for cryptocurrencies. The government is considering implementing new regulations to protect investors and prevent illegal activities. These regulations may include stricter licensing requirements for exchanges and measures to prevent market manipulation.
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• Dec 17, 2021 · 3 years ago
  As a leading cryptocurrency exchange, BYDFi is closely monitoring the regulatory landscape in Hong Kong. While there are currently regulations in place to ensure compliance with AML and KYC requirements, it is expected that new regulations will be introduced to further safeguard investors and promote market integrity. BYDFi is committed to adhering to all regulatory requirements and providing a secure and transparent trading environment for its users.
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