China’s Central Bank Praises Hong Kong’s Crypto Licensing

China’s Central Bank Praises Hong Kong’s Crypto Licensing

Even as mainland and international regulatory settings grow more stringent, the People's Bank of China (PBoC) praised Hong Kong's progress in establishing bitcoin licensing frameworks in its most recent China Financial Stability Report. This honor highlights Hong Kong's standing as a major center for the development and regulation of cryptocurrencies. Hong Kong's Forward-Looking Approach to Crypto Regulations Hong Kong has become ...

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