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

Cointelegraph

Published Dec 24, 2020 08:00AM ET

Updated Dec 24, 2020 09:40AM ET

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.

Continue Reading on Coin Telegraph