Hong Kong Customs Chief Addresses Money-Laundering Risks in Crypto Exchanges Post JPEX Scandal

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Hong Kong Customs Chief Addresses Money-Laundering Risks in Crypto Exchanges Post JPEX Scandal

Hong Kong’s Commissioner of Customs and Excise, Louise Ho Pui-shan, has called for increased oversight and regulatory measures in response to mounting money-laundering risks within the crypto sector. 
This call to action comes amid the HK$1.5 billion ($191 million) JPEX scandal that exposed regulatory gaps in the city’s oversight of crypto exchanges….
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