Hong Kong regulators have wrapped up consultations on new licensing requirements for crypto services. Starting when the framework goes live, any firm dealing in cryptocurrency or holding customer assets will need proper regulatory approval. This marks a significant step in bringing the crypto sector under formal oversight in the region.
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LidoStakeAddict
· 9h ago
Hong Kong's recent actions are quite serious, but could licensing costs become a new way to harvest retail investors again?
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AltcoinTherapist
· 9h ago
Hong Kong's move this time seems to be aiming to incorporate all the wild troops...
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FrontRunFighter
· 9h ago
ngl, hk finally putting up guardrails? feels more like theater when the real dark forest shit happens off-chain anyway... but ok, at least it's *something* against the sandwich attack merchants
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TokenRationEater
· 9h ago
Hong Kong has finally taken serious action, and the crypto world is about to undergo another round of reshuffling.
Hong Kong regulators have wrapped up consultations on new licensing requirements for crypto services. Starting when the framework goes live, any firm dealing in cryptocurrency or holding customer assets will need proper regulatory approval. This marks a significant step in bringing the crypto sector under formal oversight in the region.