The post Hong Kong Tightens Financial Rules for Licensed Crypto Firms appeared first on Coinpedia Fintech News

Hong Kong’s financial watchdogs, the Securities and Futures Commission (SFC) and the Accounting and Financial Reporting Council (AFRC), have signed a new Memorandum of Understanding (MoU) to strengthen financial reporting and audit checks for licensed crypto firms. The move will help regulators review financial records, share information, and spot risks early before they become bigger …