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Hong Kong is positioning itself to become a global center for over-the-counter (OTC) crypto trading by aligning its reporting requirements for crypto derivatives with European standards set by the European Securities and Markets Authority (ESMA). The Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) have announced plans to implement these new rules. These changes aim to enhance transparency and regulatory compliance in the crypto market.
#ICYMI: Hong Kong looks to become global OTC crypto center with new EU style reporting Read the full article 👇 https://t.co/UkcKgWywqe https://t.co/hniNNpBya9
👀 ICYMI: Start your day☕️ 🇭🇰 Hong Kong sets new crypto OTC derivative rules following European standards: https://t.co/ZgXQ0siRtN 👮♂️ FBI accuses crypto exec of paying LA cops to extort victim’s digital assets: https://t.co/r1w6CY4IF0 🪙 $PEPE, $SHIB, $FLOKI, and $BRETT lead… https://t.co/vAo7TIq7mx
HONG KONG ALIGNS CRYPTO OTC DERIVATIVE RULES WITH EUROPE Hong Kong's top financial regulators, the HKMA and SFC, have announced plans to align their reporting requirements for crypto over-the-counter (OTC) derivatives with European standards set by ESMA. Following feedback from… https://t.co/WjmHDspNbp
