FATF Crypto Regulations Accepted By Hong Kong’s Government

Hong Kong authorities accept FATF crypto regulations style-recommended for anti-money laundering and counter-terrorist financing compliances. The FATF has already described that it applies to a wide range of jurisdictions. Many crypto companies are based and operate there. On February 26, Hong Kong’s financial secretary Paul Chan claims that his administration would reinforce its anti-money laundering and Counter-terrorist financing policies regarding crypto.

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