Hong Kong crypto group warns new law will restrict people’s access to Bitcoin By Cointelegraph

Hong Kong crypto group warns new law will restrict people’s access to Bitcoin

CryptocurrencyDec 25, 2020 10:20AM ET

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Hong Kong crypto group warns new law will restrict people’s access to Bitcoin

The Bitcoin Association of Hong Kong is appealing to regulators to consider the impact of incoming laws on the city’s digital innovation agenda. In November, Hong Kong’s government announced plans to ban retail cryptocurrency trading as part of a broader money laundering crackdown.

According to the South China Morning Post on Dec. 24, the proposed crypto regulations could also extend to Bitcoin automated teller machines.

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Hong Kong crypto group warns new law will restrict people’s access to Bitcoin

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