
News about Hong Kong Economy
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Finance · Hong KongThe Hong Kong Monetary Authority (HKMA) has circulated plans for easing the capital requirements for banks holding cryptocurrencies, local financial news outlet Caixin reported on Wednesday. The central bank released a draft paper for public comment with a view to clarifying the guidance on capital regulation for crypto assets, which will be implemented early next year.The drafted guidelines focus on lowering bank capital requirements if issuers…See the Story
Hong Kong's Central Bank May Ease Capital Rules on Banks Holding Crypto: Report
Coverage: 2 sources