The Hong Kong Monetary Authority (HKMA) has issued a stern warning to cryptocurrency firms against using the term "bank" or describing their products as "deposits."
Hong Kong's Central Bank Warns Crypto Firms Misrepresenting Themselves As Banks crowdfundinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from crowdfundinsider.com Daily Mail and Mail on Sunday newspapers.