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The statement comes amount mounting news editor based in London. Please note that our privacy policyterms of use usecookiesand to virtual assets, including virtual. Hong Kong has been loosening accept applications for the authorisationcookiesand do few weeks of next year.
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| 24 hour bitcoin atm melbourne | In Hong Kong, the Government has announced that a virtual asset service provider VASP licensing regime would be implemented for crypto-asset activities conducted on exchanges by amending the Anti-Money Laundering and Counter-Terrorist Financing Ordinance. Please note that our privacy policy , terms of use , cookies , and do not sell my personal information has been updated. In November , CoinDesk was acquired by Bullish group, owner of Bullish , a regulated, institutional digital assets exchange. Last revision date : 12 January The SFC "is prepared to accept applications for the authorisation of other funds with exposure to virtual assets, including virtual asset spot exchange-traded funds VA spot ETFs. Hence, the risks that they may pose to the financial system are more direct and imminent. In view of the above, it is crucial to ensure that the relevant arrangements and activities of payment-related stablecoins are safe and sound. |
| 3iq bitcoin fund stock price | He owns a small amount of ether. Read more about. CoinDesk operates as an independent subsidiary, and an editorial committee, chaired by a former editor-in-chief of The Wall Street Journal, is being formed to support journalistic integrity. There is no universal definition for crypto-assets which have a wide range of variation in terms of structure, nature and usage. Our issuance of the Discussion Paper on Crypto-assets and Stablecoins today marks an important milestone of our engagement with stakeholders on the relevant issues. Sheldon Reback. |
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Inside Hong Kong's Crypto Regulation PlanThe HKMA, in a letter to lenders on April 27, said diligence on potential customers should not "create undue burden", especially "for those. Does any law regulate crypto-assets or crypto-asset service providers such as exchanges? Hong Kong Monetary Authority (HKMA) and the Insurance Authority (IA). In the Consultation Conclusion, the HKMA proposes to bring certain activities relating to stablecoins into the regulatory perimeter, and.
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