Hong Kong proposes OTC crypto licensing to combat fraud and boost investor protection

7-7-2025 – Hong Kong’s Financial Services and Treasury Bureau (FSTB) has proposed a new licensing regime for over-the-counter (OTC) virtual asset trading services, aiming to curb fraud and enhance investor protection, according to Binance Square. The initiative, under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO), targets unregulated OTC platforms and physical shops implicated in [. . source: https://www.cointrackdaily.com/hong-kong-proposes-otc-crypto-licensing-to-combat-fraud-and-boost-investor-protection/