in Cryptocurrency

Hong Kong and Abu Dhabi Change Crypto Regulations to Align With FATF

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On Feb. 26, Hong Kong’s financial secretary Paul Chan stated that his administration will strengthen its Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) policies regarding cryptocurrencies.

In his recent budget speech, Chan indicated that the amendments will address recommendations made by global financial watchdog, the Financial Action Task Force (FATF).

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Source: Cryptocurrency - investing.com

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