Hong Kong Exposes Crypto Firms Misrepresenting as Licensed Banks

Quick Summary:

The Hong Kong Monetary Authority (HKMA) has issued a warning about the misuse of the term "bank” by overseas crypto firms operating in Hong Kong, cautioning the public to verify the legitimacy of such claims.

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Article Details

Category: Crypto

Markets: JapanHong Kong

Topics: News Bytes - 2 News Bytes

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-16 @ 09:30:33 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: news.bitcoin.com

Language: English

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoin News

News ID: 23611514

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About Bitcoin News

Main Topics: Crypto

Official Website: news.bitcoin.com

Update Frequency: 14 posts per day

Year Established: 2008

Headquarters: Japan

News Last Updated: 12 hours ago

Coverage Areas: Japan

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #62

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