Davide
Sun Jun 09 2024
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6 answers
1332
Is crypto banned in Hong Kong?｜Is cryptocurrency regulated in Hong Kong? Yes, crypto is regulated under the Anti-Money Laundering and Counter-Terrorist Financing (Amendment) Ordinance 2022.
Is crypto banned in Hong Kong? This is a question that often arises among cryptocurrency enthusiasts and investors in the region. The truth is, crypto is not banned in Hong Kong. However, is cryptocurrency regulated in Hong Kong? Absolutely. Crypto is regulated in Hong Kong under the Anti-Money Laundering and Counter-Terrorist Financing (Amendment) Ordinance 2022. This ordinance ensures that cryptocurrency activities in Hong Kong are conducted in a safe and secure manner, with measures to prevent money laundering and terrorist financing. So, while crypto is not banned in Hong Kong, it is subject to certain regulations that aim to protect the financial system and its users.
