Crypto Firms Posing As Banks Face Scrutiny From Hong Kong Regulator
The Hong Kong Monetary Authority (HKMA) has warned the public about two foreign-based crypto companies allegedly misrepresenting themselves as banks. The firms ...
Tag: hkma
Expert’s Bold Prediction: Stablecoins Set To Eclipse ETFs, Forging A Multi-Trillion Dollar Market
Stablecoins are poised to become the next multi-trillion-dollar market, according to a prediction by Gabor Gurbacs, an advisor to Tether, ...
A New Era For Crypto? Hong Kong Leads With Landmark Stablecoin Regulatory Framework
Hong Kong's financial authorities have initiated a public consultation to formulate a comprehensive crypto-related regulatory framework. The Hong Kong Monetary ...
Hounax Scandal: Hong Kong Police Probe $15 Million Crypto Fraud, Investors In Turmoil
Hong Kong's Securities and Futures Commission (SFC) has taken decisive action against what it suspects to be a fraudulent crypto ...
Crypto Firms In Hong Kong Prohibited From Identifying As ‘Banks,’ Regulator Says
Crypto firms in Hong Kong have received a stern warning from the Hong Kong Monetary Authority (HKMA), urging them to ...
Hong Kong Authorities Encourage Major Banks To Embrace Crypto Clients
According to reports, the Hong Kong Monetary Authority (HKMA), the regulatory body overseeing banking activities in the region, has allegedly ...
Hong Kong Authority Tackles Challenges Of Account Opening For Crypto Firms
While other regional authorities have continued to prey on the crypto industry, Hong Kong has continued to see potential in ...
Hong Kong to “Explore the Application of Blockchain Technology in the Financial Services Industry”
Blockchain technology has a reaffirmed ally in the Hong Kong government. In the recent 2016 Hong Kong budget speech, Financial ...
