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Hong Kong Brings Bankers, Crypto Firms Together

Hong Kong’s financial watchdogs are set to host a meeting to bring bankers and crypto firms together on April 28, according to a report by Bloomberg News.

With the meeting, the Hong Kong Monetary Authority (HKMA) and the  Securities and Futures Commission of Hong Kong (SFC) hope to develop a feasible and effective banking solution for the crypto firms in the region, as the Bloomberg News article noted.

According to HKMA, the upcoming meeting aims “to facilitate direct dialog” and “share practical experiences and perspectives in opening and maintaining bank accounts.” Neither regulator shared any additional information about the upcoming meeting, but they noted that they are maintaining dialogue with the stakeholders

(By Zeynep Geylan)

Hong Kong
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