FT: Hong Kong requires HSBC and Standard Chartered to take cryptoclitting – Bits Media

Currency control of Hong Kong (Hkma) Makes large banks, Such as HSBC, Standard Chartered and Bank of China accept crypto -tanks as customers, reports Financial Times.

According to the sources of the publication, In May, HKMA sent a request to banks: Why are cryptocurrency exchanges not accepted in as customers. Although banks do not have a ban on cryptoclitants, They refuse to work due to fears to be held accountable, If the platforms begin to be used to launder money or other illegal activities.

Standard Chartered reported to reporters, that the company leads a dialogue with regulatory authorities on any issues. At the same time, the company refused to give a comment on the investigation of ft.

FROM 1 June Hong Kong introduced a new licensing regime for virtual assets service providers (VASP), which will allow local users to trade cryptocurrencies. Hong Kong Securities and Futures Commission (SFC) Already developed additional recommendations for customer service banks, working with crypto actures. TO 2024 year, local regulators plan to work out the licensing mode of emitters of stablecoins.

However, the chairman of the UHKMA Eddie Yue (Eddie Yue) He warned the crypto companies, that they should not expect concessions from the regulators, Despite the desire of the region to become a center for the development of digital assets.

Recently it became known, that the actions of the US Securities and Exchange Commission (SEC) Binance can forced the latter to move to Hong Kong against the cryptocurrency exchange..