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Crypto Firms Mislead Public With Bank Claims, Hong Kong Central Bank Warns

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

Hong Kong s Central Bank Warns Crypto Firms Misrepresenting Themselves As Banks
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