Hong Kong Regulators To Host Meeting To Help Crypto Firms With Banking

Hong Kong regulators are convening a meeting between crypto firms and bankers in a bid to ease financing for the sector as the city seeks to establish itself as a hub for virtual assets.

The round-table will take place on April 28 at the Hong Kong Monetary Authority “to facilitate direct dialog” and “share practical experiences and perspectives in opening and maintaining bank accounts,” according to details of the event seen by Bloomberg News. The session will be held jointly by the HKMA and the Securities and Futures Commission, the two regulators overseeing stablecoins and crypto exchanges.

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