👑🏛️ HONG KONG ELEVATES CRYPTO REGULATION
Hong Kong is forging a more orderly and transparent digital-asset realm. 🇭🇰⚖️
The SFC and AFRC have signed a Memorandum of Understanding to strengthen regulatory cooperation.
🔹 The accord covers reporting for: • Licensed corporations
• Licensed Virtual Asset Service Providers
• SFC-authorized funds
• Registered Open-Ended Fund Companies
🔹 It advances cooperation on audits, information sharing, referrals, mutual assistance, inspections, and investigations.
👑 The royal decree is clear:
As digital assets rise, oversight and transparency shall stand as pillars of the realm.
📊 Regulation + Transparency + Accountability = A Stronger Crypto Kingdom
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