Hong Kong’s SFC tighten crypto exchanges regulation

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Cryptocurrency regulation in Hong Kong is undergoing changes. The Securities and Futures Commission (SFC) is reportedly introducing a new licensing system to regulate all crypto exchanges ... Hong Kong’s Securities and Futures Commission declares that all crypto platforms with operations the city be regulated. Speaking during the FinTech Week event today, Ashley Alder, the CEO of the Hong Kong securities watchdog, announced that the new regulation would apply to all crypto trading platforms. Binance already supports euros and pounds sterling through Epay, a payments provider founded in Hong Kong in 2014. Subscribe to Blockchain Bites , our daily update with the latest stories. Subscribe Bitcoin Association of Hong Kong, a non-profit based in the city that advocates for digital currency laws and education, conducted a poll on Twitter to assess the proposal’s economic impact. Under proposed regulation in Hong Kong, Bitcoin exchanges will have to get licensed and no longer be allowed to sell Bitcoin to end users. Hong Kong’s SEC aims to regulate local crypto exchanges according to a new report that we have in our latest cryptocurrency news. 4 Wednesday November 2020 About The Hong Kong authorities final week launched a session on the proposed new guidelines, aiming to strengthen anti-money laundering and counter-terrorist financing regulation. The session contains the introduction of a licensing regime for digital asset providers suppliers; a registration regime for sellers in treasured metals and stones, and a few... Hong Kong’s financial supervisory authority, the Securities and Futures Commission (SFC), introduced a set of rules specifically for cryptocurrency trading platforms last year. However, this only applied to those platforms that trade an asset officially classified as a security or future. This regulation has not yet applied to trading venues specializing in purely digital assets.

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Whales Moving Millions in Bitcoin as Hong Kong Regulator ...

Bitcoin is currently trading at a premium in Hong Kong and people are protesting by withdrawing their money from the banking system. Mattie will tell you everything you need to know about the ... The world of crypto has received an unwelcome jolt after the Hong Kong financial securities regulator announced – somewhat abruptly – that all crypto exchang... - Binance to Disclose Crypto Listing Fees, Donate 100% to Charity #Crypto #CryptoBullRun Sign up with Coinbase for Free to start investing in Bitcoin and get $10 free Bitcoin when you spend $100 ... #Bitcoin (BTC) Volumes in Hong Kong Soar on #LocalBitcoins Narrated by The #Cryptocurrency Portal on Wed. Oct. 2nd, 2019 ***Support the channel*** Check out our partner page at: https ... Hong Kong Bitcoin ATM Address: Shop 322, 3/F, President Commercial Centre, 608 Mongkok, Nathan Road, Mong Kok, Kowloon, Hong Kong OR Buy Bitcoin on Coinbase:... HUGE Bitcoin BREAKOUT In September! Binance FUTURES Coming In September! ... We also talk about some Crypto news about Hong Kong and their political protests, and we make fun of Craig Wright ... http://bitcoin-informant.de/2020/11/06/1008-us-regierung-silk-road-bitcoins-hong-kong-krypto-regulierung-iran-bitcoin-gegen-sanktionen Hey Informanten, willk... 🔴Coinbase Live trading with CEO Brian Armstrong ongoing Bitcoin BTC giveaway February 6🔴 Coinbase News 712 watching Live now One Of A Kind: Why Bitcoin is 'The Next Bitcoin' - Duration: 35:21.