About the company > News and mailing > Jurisdictions news > Regulation of cryptoexchanges in Hong Kong

Regulation of cryptoexchanges in Hong Kong


				16.10.2018
						

On October 15th, 2018, the head of the Securities and futures Commission in Hong Kong announced that the Commission does not intend to impose a ban on the activities of cryptocurrency trading platforms. The regulated ban will not lead to a valid termination of the platforms in Hong Kong, as transactions can easily be carried out through foreign markets.

Currently, there are already centralized crypto-exchanges in Hong Kong, which are managed by organizations that provide users with access to the platform for a fixed fee. However, such activity still remain unresolved.

The securities and futures Commission is preparing to introduce rules for regulating the cryptocurrency business in the country in the nearest time.

On materials of the following website: https://www.scmp.com/business/banking-finance/article/2168514/hong-kongs-securities-regulator-mulling-over-new-rules

Back to the list

Quickly and confidentially.
A qualified expert will give you a free consultation by telephone, help to determine the position and make an appointment at any time that suits you.
Call just now by phone: +44 203 608 22 48
E-mail us: london@hbcomp.co.uk


News

03/25/2024 18:25:00

Does the EU stop visa-free travel?

The European Union plans to update the mechanism that allows suspendin ...

Read more

03/20/2024 10:50:00

The 10 happiest and most unhappy countries in the world

The Sapien Labs research group has published an annual report on th ...

Read more

03/19/2024 10:35:00

Romania: new conditions for EU blue cards

On March 8, 2024, new rules governing the use of EU Blue Cards and ...

Read more