Hong Kong Grants First Two Virtual Asset Exchange Licenses
Hong Kong has granted its first two virtual asset exchange licenses to HashKey Exchange and OSL, signaling a more welcoming approach to crypto. However, concerns remain that China's crypto crackdown may spill over into the territory. The new regulatory regime sets minimum rules for exchanges, including anti-money laundering measures, and aims to establish Hong Kong as a crypto hub.
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Hong Kong Grants First Two Virtual Asset Exchange Licenses
Hong Kong has granted its first two virtual asset exchange licenses to HashKey Exchange and OSL, signaling a more welcoming approach to crypto. However, concerns remain that China's crypto crackdown may spill over into the territory. The new regulatory regime sets minimum rules for exchanges, including anti-money laundering measures, and aims to establish Hong Kong as a crypto hub.