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The Daily Hodl 2023-06-15 18:41:38

Hong Kong Regulator Admits to Pressuring Major Global Banks to Onboard Crypto Exchanges As Clients: Report

A Hong Kong regulatory agency is reportedly admitting to pushing global banks operating in its jurisdiction toward accepting crypto exchange platforms as clients. According to a new report by Reuters, The Hong Kong Monetary Authority (HKMA), the body that regulates banks in the region, says that it had asked major financial institutions to “try and The post Hong Kong Regulator Admits to Pressuring Major Global Banks to Onboard Crypto Exchanges As Clients: Report appeared first on The Daily Hodl .

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