Source: scmp.com
The Hong Kong Monetary Authority has joined the rising chorus of voices warning about bitcoin and other digital currencies.
HKMA chief executive Norman Chan Tak-lam warned banks and financial institutions trading or handling bitcoin or other digital currencies to be careful about breaching anti-money-laundering requirements.
-ldquo;Bitcoin or other digital currencies do not require holders to trade under their real name which allows them to be used for money laundering activities,-rdquo; Chan...

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