What is the travel rule for crypto in Hong Kong?
Could you please explain to me what the travel rule is specifically related to cryptocurrency in Hong Kong? I've been hearing a lot about this concept, but I'm not quite clear on the details. Does this rule only apply to a certain type of crypto transactions, or does it cover all of them? Is there a specific amount or value that triggers the application of this rule? Additionally, who enforces this rule in Hong Kong, and what are the consequences for violating it? I'm curious to understand the legal and practical implications of the travel rule in Hong Kong's crypto ecosystem.