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Hong Kong Exposes Crypto Firms Misrepresenting as Licensed Banks
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Hong Kong Exposes Crypto Firms Misrepresenting as Licensed Banks

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Hong Kong Exposes Crypto Firms Misrepresenting as Licensed Banks
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Source: Bitcoin.com

Hong Kong Exposes Crypto Firms Misrepresenting as Licensed BanksThe Hong Kong Monetary Authority (HKMA) has issued a warning about the misuse of the term “bank” by overseas crypto firms operating in Hong Kong, cautioning the public to verify the legitimacy of such claims. The HKMA observed that two crypto firms, which are not licensed banks in Hong Kong, misrepresented themselves — one by […]

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Author: Bitcoin.com

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