Hong Kong to issue crypto licences with measures to protect retail investors

Hong Kong to issue crypto licences with measures to protect retail investors

FILE PHOTO: A representation of bitcoin is seen in an illustration picture taken on June 23, 2017. REUTERS/Benoit Tessier/File Photo

Hong Kong’s securities regulator said its crypto licensing regime will include measures to protect retail investors as it brings in tougher rules for digital asset companies from June 1.

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