In essence: Hong Kong’s SFC plans to restrict unauthorized institutions from using various terms related to virtual assets and trading. The rules will take effect six months after they’re passed.
Rules often take a long time to enforce in practice—it can be quite a while from proposal to implementation.
Good news. We’ll have to wait a few days to see whether it actually translates into real money.
$BTC I also took a quick look at the trend. I’ll say more if anything changes. Anyone who knows the ins and outs care to comment?
Rules often take a long time to enforce in practice—it can be quite a while from proposal to implementation.
Good news. We’ll have to wait a few days to see whether it actually translates into real money.
$BTC I also took a quick look at the trend. I’ll say more if anything changes. Anyone who knows the ins and outs care to comment?
