Hong Kong Takes Decisive Crypto Step: Preparing Consultation For Regulating OTC Venues

Hong Kong is set to introduce a new regulatory framework targeting over-the-counter (OTC) crypto trading platforms. This initiative, announced by the region’s Financial Services and the Treasury Bureau (FSTB), underscores Hong Kong’s commitment to ensuring a “transparent” digital asset marketplace. The local government’s impending publication of this regulatory consultation represents a... source: https://bitcoinist.com/hong-kong-takes-decisive-crypto-step-preparing/