The Hong Kong government has issued its widely anticipated consultation conclusions on a new framework to regulate virtual asset exchanges. On 21 May 2021, the Hong Kong Financial Services and the Treasury Bureau (FSTB)...more
5/26/2021
/ Anti-Money Laundering ,
Anti-Terrorism Financing ,
Consultation ,
Crypto Exchanges ,
Cryptoassets ,
FinTech ,
Hong Kong ,
Hong Kong Securities and Futures Commission (HKSFC) ,
Licenses ,
Market Participants ,
Peer-to-Peer ,
Regulatory Requirements
Hong Kong’s Securities and Futures Commission’s introduces new licensing regime to regulate previously unregulated markets and restates expectations regarding security token offerings.
The second day of Hong Kong Fintech...more
The SFC has outlined its regulatory approach to the management and distribution of virtual asset funds and virtual asset exchanges.
Key Points:
..Investor protection is paramount and the SFC is taking steps to tighten...more