🧵/1 Hong Kong aims to be a crypto hub in near future, its monetary regulatory authorities warns investors to watch out for deceptive crypto firms #threadstorm #outreach
🧵/1 Hong Kong aims to be a crypto hub in near future, its monetary regulatory authorities warns investors to watch out for deceptive crypto firms #threadstorm #outreach
🧵/2 The term bank, and deposit are strictly used by licensed firms in Hong Kong, companies looking to operate need to be fully recognized by HKMA, centralization are becoming key player in decision making for decentralized lately.
🧵/3 What should be termed decentralized bank in reality find out more in the link below https://leofinance.io/@mccoy02/crypto-companies-arent-banks-hkma-warns-investors-