The new legislation will bring a licensing regime for the virtual asset service providers requiring them to pass strict AML and money laundering guidelines.
Hong Kong to subject crypto exchanges to the same laws governing TradFi
Comment
Recommend Reading
2022-12-08Stablecoin framework is a near-term priority for Aussie regulators
FTX's Bankman-Fried to face market manipulation probe, Do Kwon chimes in
US regulator to seek feedback on DeFi's impact on financial crime
Crypto lender Genesis has no solution yet for withdrawal halts
Class action against Kim K, Mayweather over EMAX dismissed… for now
SBF subpoena is 'definitely on the table,' says Rep. Maxine Waters
