Hong Kong Regulators Issue Framework to License Crypto Exchanges

A lot on my feed coming out of China and Hong Kong this morning:

Hong Kong Regulators Issue Framework to License Crypto Exchanges

  • Hong Kong will regulate cryptocurrency exchanges.
  • The Securities and Futures Commission developed a set of guidelines for exchanges to operate.
  • Custody and cybersecurity are the top concerns among regulators.

Hong Kong’s Securities and Futures Commission (SFC) published a regulatory framework that enables cryptocurrency exchanges to be regulated. With the new set of rules, the nation is making a significant step towards the adoption of blockchain technology.

https://www.ccn.com/hong-kong-regulators-issue-framework-to-license-crypto-exchanges/

Expert Asked on November 6, 2019 in Cryptocurrency.
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