The Hong Kong Financial Authority (HKMA), which acts because the area’s central financial institution and regulator, has reportedly pressured main banks, together with HSBC and Customary Chartered (OTC:), to just accept crypto exchanges as prospects.
In keeping with a June 15 report of the Monetary Instances, which cited three sources acquainted with the matter, the HKMA questioned the UK-based corporations in addition to the Financial institution of China at a gathering in Might – asking the establishments why they weren’t accepting exchanges of cryptocurrency as prospects.
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