November 6, 2019 / 6:09 AM / 12 days ago

Hong Kong watchdog to set new crypto exchange regulations

HONG KONG, Nov 6 (Reuters) - Hong Kong’s financial regulator is to publish a regulatory framework for crypto currency trading platforms later on Wednesday, Chief Executive Ashley Alder announced at a fintech conference in the city.

The rules will cover custody, know-your-customer rules and the storage of crypto assets, among other issues.

Alder first announced a number of initiatives relating to digital currencies at the same event one year ago. (Reporting by Alun John; Editing by Tom Hogue)

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