Global Digital Finance Broadly Agrees with Hong Kong Proposal to Regulate VASPs but Worries that Blocking Retail from Crypto is Wrong Move

Last November, Hong Kong kicked off a consultation pertaining to anti-money laundering (AML) and counter finance terrorist (CFT) regulation that will impact cryptocurrency exchanges or virtual asset service providers (VASPs). The deadline for comments delivered to the Hong Kong Financial Services and the Treasury Bureau (FTSB),… Read More
Read more in: Asia, Blockchain & Digital Assets, Global, Politics, Legal & Regulation | Tagged fatf, financial services and the treasury bureau, ftsb, gdf, global digital finance, hong kong, janet yellen, uk, united kingdom, vasps