HONG KONG (Reuters) – Hong Kong would require all cryptocurrency buying and selling platforms to be regulated whether or not or not they commerce securities, the town’s securities watchdog stated on Tuesday.
The Securities and Futures Fee (SFC) had beforehand put in place an ‘decide in’ regulatory framework for cryptocurrency buying and selling platforms, however these had made it attainable for some buying and selling platforms to function away from the regulatory radar, SFC CEO Ashley Alder stated in a speech.
Reporting by Alun John; Enhancing by Muralikumar Anantharaman
