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HKMA warning

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Hong Kong warns against crypto firms misrepresenting as ‘banks’

November 15, 2024 by DIGIT

Hong Kong’s central bank said it may be illegal for unlicensed companies to represent themselves as banks in Hong Kong.  Go to Source

Categories Banking Ordinance, crypto banking services, crypto companies in Hong Kong, crypto companies misuse bank, Crypto Regulation, HKMA warning, Hong Kong banking law, Hong Kong Monetary Authority


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  • bitcoinBitcoin(BTC)$89,528.00-3.03%
  • ethereumEthereum(ETH)$3,043.49-3.57%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.04-4.23%
  • binancecoinBNB(BNB)$884.43-2.17%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$132.26-6.80%
  • tronTRON(TRX)$0.2854400.77%
  • staked-etherLido Staked Ether(STETH)$3,034.78-3.87%
  • dogecoinDogecoin(DOGE)$0.138716-6.99%
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  • bitcoinBitcoin(BTC)$89,528.00-3.03%
  • ethereumEthereum(ETH)$3,043.49-3.57%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.04-4.23%
  • binancecoinBNB(BNB)$884.43-2.17%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$132.26-6.80%
  • tronTRON(TRX)$0.2854400.77%
  • staked-etherLido Staked Ether(STETH)$3,034.78-3.87%
  • dogecoinDogecoin(DOGE)$0.138716-6.99%