Hong Kong regulation

Crypto-Linked Money-Laundering Scheme Worth $230M Uncovered In Hong Kong | Bitcoinist.com

April 19, 20242 weeks ago CoinCap 0 Comments Bitcoin, Cardano, Chainlink, Crypto, Crypto News, Crypto Regulation, Crypto Regulations, Cryptocurrencies, Cryptocurrency, DeFi, Digital Currency, Hong Kong, Hong Kong Crypto, Hong Kong regulation, Lend, Tether, Tether (USDT), Tether News, Tether Stablecoin, TetherUSDT, Tezos, Tron, VEChain

According to a South China Morning Post report, Hong Kong customs officers have apprehended three individuals in connection with a massive HK$1.8 billion ($228 million) money-laundering operation that exploited a crypto platform and bank accounts associated with shell companies.

News

Hong Kong Trails Singapore In Crypto Licensing: Only 24 Applicants After Deadline | Bitcoinist.com

March 2, 20242 months ago CoinCap 0 Comments Bitcoin, Cardano, Chainlink, Crypto, Crypto Adoption, Crypto Adoption News, Crypto News, Crypto Regulation, Crypto Regulations, Cryptocurrencies, Cryptocurrency, DeFi, Digital Currency, Hong Kong Crypto, Hong Kong regulation, Lend, Tezos, Tron, VEChain

According to a Bloomberg report, Hong Kong has received applications from 24 companies seeking licenses to operate crypto exchanges in the city as it strives to establish itself as a regulated hub for the cryptocurrency industry.
Notable players such as Bybit, OKX, and Crypto.