Hong Kong Regulation Set to Benefit Custody Company InVault44.83

Cryptocurrency custody services company InVault, from Shanghai, has launched in Hong Kong just in time to take advantage of the special administrative region’s new rules for cryptocurrency exchanges and asset managers.

At the start of Nov 2018, Hong Kong’s Securities and Futures Commission (SFC) issued guidance on the regulatory standards expected of cryptocurrency exchanges, platform operators, and fund managers. It’s also working on a future “conceptual framework” for the regulation of “trading platform operators.”

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