Hong Kong Introduces Draft Legislation to Treat Cryptocurrency Exchanges Like Traditional Finance
cryptodaily.co.uk
Hong Kong lawmakers have introduced new legislation tailored to regulate the cryptocurrency space and aim to implement a new licensing regime for crypto service providers. The proposed law governing cryptocurrencies will boost Kong Kong's leap into the virtual asset market and will also bring their providers into the mainstream of the island's financial services sector.
Read in Full: cryptodaily.co.uk