• 09/20/2024

Hong Kong’s virtual banks should serve Web 3 companies better, says top crypto advocate

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

Legislator Johnny Ng’s call to action follows the decision this week by the Hong Kong Monetary Authority to stop issuing licenses for branchless banks, giving the city’s eight licensed operators room to grow.

https://www.scmp.com/business/banking-finance/article/3273721/hong-kongs-virtual-banks-should-serve-web-3-companies-better-says-top-crypto-advocate?utm_source=rss_feed