The Hong Kong Monetary Authority (HKMA) plans to reduce capital requirements for banks dealing with cryptocurrencies, marking a significant shift in financial regulations. This move aligns with global standards set by the Basel Committee on Banking Supervision, aiming to be fully implemented by 2026.
Continue Reading:Hong Kong Eases Rules for Banks Holding Cryptos
Source: https://en.bitcoinhaber.net/hong-kong-eases-rules-for-banks-holding-cryptos
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