HONG KONG RETAIL INVESTORS BANNED FROM CRYPTO INVESTMENTS

Highlights:

• Hong Kong retail investors will no longer be able to invest in crypto
• This move is to strengthen the country’s anti-money laundering policy  

Cryptocurrencies and crypto assets have earned a bad name for themselves due to people using them for funding terrorists or for being a way of money laundering. Hong Kong thinks on the same lines.

The new regime is setting ne....