Hong Kong Needs to Respond to Crypto Market Changes with New Rules – Treasury Chief

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Hong Kong Needs to Respond to Crypto Market Changes with New Rules – Treasury Chief

 
Hong Kong regulators and senior members of the government have spoken about their willingness of introducing new rules to police the crypto sector, with a new set of guidelines already formulated for crypto brokerages.
According to RTHK, Hong Kong’s Secretary for Financial Services and the Treasury Christopher Hui Ching-yu noted that the government now needed to make a “response to market changes” as the popularity of tokens such as bitcoin (BTC) continues to grow….
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