Hong Kong reiterates ‘crypto’ and stablecoin regulation pledge as crime skyrockets
Treasury Minister says Hong Kong is to introduce licensing regimes for VASPs, OTCs, and stablecoins to curb crime, which shot up five times in the past three years.
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Hong Kong to VASPs: Secure license by February 29 or face shutdown
As the deadline looms, Hong Kong has reiterated its pledge to shut down all unlicensed VASPs by the end of May, even as it called for vigilance from investors.