HK Regulators: Crypto-Banker Speed Dating
Hong Kong’s regulators are playing matchmaker by setting up a round-table on April 28 for crypto firms and bankers. The goal? Help Hong Kong become a hub for virtual assets while overcoming those pesky banking hurdles.
On this page
The HKMA and SFC will host this “ice-breaker” event, hoping that sharing experiences will lead to blossoming banking relationships. With strict KYC and AML rules and a string of US crypto-friendly bank collapses, it's been tough for crypto firms to find their banking soulmates.
But here's a plot twist: Chinese state-owned lenders are suddenly showing interest in the crypto sector. Love is in the air, people!
The content on The Coinomist is for informational purposes only and should not be interpreted as financial advice. While we strive to provide accurate and up-to-date information, we do not guarantee the accuracy, completeness, or reliability of any content. Neither we accept liability for any errors or omissions in the information provided or for any financial losses incurred as a result of relying on this information. Actions based on this content are at your own risk. Always do your own research and consult a professional. See our Terms, Privacy Policy, and Disclaimers for more details.
Articles by this author
