Hong Kong regulators step up oversight again! The SFC and the Accounting and Financial Reporting Council (AFRC) sign a new memorandum of understanding to extend cooperation on financial reporting, audit and compliance to licensed crypto companies. Hong Kong is gradually building a comprehensive crypto regulatory framework, and the compliance process is accelerating! #加密监管 #Hong Kong Finance

Hong Kong regulators expanding oversight to crypto firms! SFC and AFRC sign new MoU extending financial reporting, audit and compliance cooperation to licensed virtual asset service providers. Big step toward regulatory clarity in Hong Kong's crypto space! #crypto #regulation