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The Nexus
BUSINESSMay 26 · 13:22 UTCTHE BLOCKBrian Danga

Hong Kong advances virtual asset advisory and management rulemaking

Hong Kong is advancing legislation to license cryptocurrency advisers and managers under anti-money laundering (AML) rules, with a target of 2026 for implementation. The move aims to regulate virtual asset advisory and management activities to align with global financial standards.

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