Browsing: Policy and Regulation

Hong Kong warns crypto firms against using the word “bank” The Hong Kong Monetary Authority (HKMA) says only licensed banks can take “deposits.” Using terms such as digital bank, crypto bank and crypto asset bank contravenes the Banking Ordinance. The Hong Kong Monetary Authority (HKMA) has warned crypto firms that it’s against the law for

Russia, sanctions, crypto– yes, three words that have this week informed one of the most discussed topics in the crypto space.  We know Russia attacked Ukraine and a war is going on. This has in turn attracted tough sanctions from across European nations and the United States. And in the middle of all these, there’s…