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3232Hong Kong Security Crackdown Leads to Record Capital Outflows— Residents Reportedly Used Cryptocurrencies to Move Funds
https://www.digit.info/hong-kong-security-crackdown-leads-to-record-capital-outflows-residents-reportedly-used-cryptocurrencies-to-move-funds/
Wed, 31 Mar 2021 12:30:33 +0000https://www.digit.info/2021/03/31/hong-kong-security-crackdown-leads-to-record-capital-outflows-residents-reportedly-used-cryptocurrencies-to-move-funds/Read more]]>The Canadian anti-money laundering agency, Fintrac, says it recorded official capital inflows originating from Hong Kong that totaled more than $34 billion in the past year. The outflows, which are the highest since 2012 when the earliest Fintrac records are available, “are the first evidence of a significant flight of capital overseas from the Asian […]
The Canadian anti-money laundering agency, Fintrac, says it recorded official capital inflows originating from Hong Kong that totaled more than $34 billion in the past year. The outflows, which are the highest since 2012 when the earliest Fintrac records are available, “are the first evidence of a significant flight of capital overseas from the Asian […]