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3232Hong Kong to Have Tight Crypto Regulations, Head of Monetary Authority Says
https://www.digit.info/hong-kong-to-have-tight-crypto-regulations-head-of-monetary-authority-says/
Wed, 10 May 2023 08:49:59 +0000https://www.digit.info/2023/05/10/hong-kong-to-have-tight-crypto-regulations-head-of-monetary-authority-says/Read more]]>Companies attracted by the plan to turn Hong Kong into a hub for digital assets should expect strict regulations, the region has indicated. Authorities are preparing new licensing rules for service providers working with cryptocurrencies and guidelines for banks interacting with crypto firms. Crypto Hub Hong Kong Has No Intentions to Adopt ‘Light-Touch’ Regulations Hong […]
]]>Hong Kong’s Largest Virtual Bank Offers Crypto Conversion Services
https://www.digit.info/hong-kongs-largest-virtual-bank-offers-crypto-conversion-services/
Sat, 15 Apr 2023 01:30:59 +0000https://www.digit.info/2023/04/15/hong-kongs-largest-virtual-bank-offers-crypto-conversion-services/Read more]]>ZA Bank, Hong Kong’s biggest virtual-only lender, intends to expand its business into the region’s growing digital assets sector. The banking platform will offer crypto-to-fiat conversions and account services as the Chinese financial center is seeking to embrace the industry. ZA Bank to Provide Services to Crypto Exchanges Licensed in Hong Kong Hong Kong’s first […]
]]>Kazakhstan Imposes Purchase Limits on Retail Crypto Investors
https://www.digit.info/kazakhstan-imposes-purchase-limits-on-retail-crypto-investors/
Fri, 05 Nov 2021 11:30:07 +0000https://www.digit.info/2021/11/05/kazakhstan-imposes-purchase-limits-on-retail-crypto-investors/Read more]]>Authorities in Kazakhstan have introduced restrictions on the amounts of cryptocurrency retail investors can buy on local exchanges. Officials explained the decision citing the need to protect private individuals from exposure to the risks associated with digital financial assets. Investors in Kazakhstan Can Buy up to $1,000 in Crypto a Month Without Declaring Income Kazakhstan […]
]]>Singapore Strives to Become Global Crypto Hub, Monetary Authority Reveals
https://www.digit.info/singapore-strives-to-become-global-crypto-hub-monetary-authority-reveals/
Tue, 02 Nov 2021 22:30:24 +0000https://www.digit.info/2021/11/02/singapore-strives-to-become-global-crypto-hub-monetary-authority-reveals/Read more]]>Singapore, already a major financial center in the world, is now aiming to become a cryptocurrency hub as well. The city-state is seeking to secure its role as a leading player in the crypto space, the head of its central banking institution has indicated in recent comments. Singapore to Establish Itself as Center for Crypto […]