
Hong Kong expands financial reporting oversight to licensed crypto providers
- —SFC and AFRC signed a new Memorandum of Understanding
- —Oversight now covers licensed virtual asset service providers and their auditors
- —SFC-authorized funds and registered OFCs are also included
Why it matters: Hong Kong is tightening reporting oversight for crypto firms, raising compliance and audit requirements for licensed players.
Source: ChainCatcher 链捕手