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Coinpedia 2023-06-15 08:55:49

Hong Kong Authorities Urge Three Major Banks to Embrace Crypto Exchanges, Reveals Report

Hong Kong Authorities Urge Three Major Banks to Embrace Crypto Exchanges, Reveals Report

The post Hong Kong Authorities Urge Three Major Banks to Embrace Crypto Exchanges, Reveals Report appeared first on Coinpedia Fintech News According to sources familiar with the matter and a letter, the Hong Kong Monetary Authority (HKMA) is applying pressure on HSBC, Standard Chartered, and the Bank of China to consider accepting crypto exchanges as clients.  The Financial Times reported that in a letter dated April 27, the HKMA highlighted the importance of conducting due diligence …

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