Nov 6, 2019
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Hong Kong Enforces New Regulations for Crypto Exchanges

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The Chinese special territory of Hong Kong has announced new regulations for cryptocurrency exchanges currently operating in the city district. The new approach list new sets of compliance initiatives for these exchanges including Know-Your-Customer (KYC) protocols and Anti-Money-Laundering (AML) initiatives. The move was initiated by Securities and Futures Commission (SFC).

According to Chief Executive Ashley Alder who announced the move at a local fintech event:


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