Hong Kong SFC Seeks Industry Feedback on New Licensing Rules for OTC Crypto Services

https://ift.tt/NEZsmlS
Hong Kong’s Securities and Futures Commission (SFC) is actively seeking input from industry participants on proposed new licensing regulations for over-the-counter (OTC) cryptocurrency services. The initiative aims to establish a comprehensive framework that mandates licensing and adherence to anti-money laundering (AML) and counter-terrorist financing regulations. This move, which includes joint supervision by the SFC and […]

from Bitcoin News https://ift.tt/tnOAMKS