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Hong Kong to release consultation on regulating OTC crypto ven | Bitcoin Crypto Signals

Hong Kong to release consultation on regulating OTC crypto venues

Hong Kong’s top financial official said that the local government will soon publish a consultation on a proposed regulatory framework for over-the-counter crypto trading platforms as risks mount. Christopher Hui, Secretary for Financial Services and the Treasury, wrote in a blog post published today that OTC venues are easily accessible to the general public, and some were found involved in fraud cases.

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