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Hong Kong Regulators Push Banks to Offer Services to Crypto Firms

June 19 (Cointime) - Hong Kong's top financial regulators are holding a second meeting in less than two months to encourage banks to offer services to virtual-asset firms. The meeting on Monday will bring together banks, crypto platforms, and other industry participants to address the persistent challenges crypto firms face in opening bank accounts. This comes as Hong Kong seeks to become an international crypto hub but faces challenges such as banking access and a talent shortage.

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