A new warning has been issued to banks from the Monetary Authority in Hong Kong, which has been moving in the opposite direction of the US and taking positive steps regarding cryptocurrencies recently. The institution informed HSBC, Standard Chartered and the Bank of China, which issue the country's currency, that cryptocurrency companies should be accepted as customers.
The financial regulator Monetary Authority (HKMA) in Hong Kong, which has made positive moves on cryptocurrencies, discussed the issue of cryptocurrencies with 3 major banks that have the right to issue the official currency of the region.
Warning was given when reluctance was seen