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Could you please clarify what the travel rule for cryptocurrency specifically entails in Hong Kong? It seems that certain transactions involving virtual assets above a certain threshold must adhere to certain regulations. Would you mind explaining what kind of information needs to be gathered and shared with participating VASPs? Is it the identity of the individual or business involved in the transaction, also known as the originator? And just to confirm, are all virtual asset transfers exceeding 8,000 HKD (or approximately 1,000 USD) subject to these rules? Thank you for your assistance in clarifying this matter.
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