Hong Kong on Thursday announced a consultation on regulating over-the-counter (OTC) crypto trading. The Financial Services and the Treasury Bureau consultation seeks to establish a conceptual framework for licensing virtual asset OTC services. Under the regime, operators would be mandated to obtain licenses and comply with anti-money laundering and counter-terrorist financing rules. It states that […] The post Hong Kong Seeks Input on OTC Crypto Trading Rules appeared first on Cryptonews.
Hong Kong on Thursday announced a consultation on regulating over-the-counter (OTC) crypto trading. The Financial Services and the Treasury Bureau consultation seeks to establish a conceptual framework for licensing virtual asset OTC services. Under the regime, operators would be mandated to obtain licenses and comply with anti-money laundering and counter-terrorist financing rules. It states that […] The post Hong Kong Seeks Input on OTC Crypto Trading Rules appeared first on Cryptonews.
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