Hong Kong to Inspect Offices of Crypto Platforms Ahead of Compliance Deadline
Tuesday, 28 May 2024, 10:58
Hong Kong Crypto Compliance Deadline Inspection
Hong Kong is intensifying efforts to solidify its position as a leading player in the cryptocurrency space, with the inspection of crypto platform offices impending.
Compliance Crucial for Crypto Hub Status
As 18 applicants await licensing decisions, the city faces the challenge of maintaining its reputation as an attractive and compliant jurisdiction for crypto activities.
Failure to adhere to regulatory requirements could result in setbacks for Hong Kong's crypto ambitions.
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