The Hong Kong Digital Asset Anti-Money Laundering Committee was established to promote virtual asset AML/CFT standards.

[Chain News] On August 19, news from Hong Kong media reported that the non-profit organization Hong Kong Digital Asset Anti-Money Laundering Professional Committee (DAAMC) was established with the support of the Hong Kong Virtual Asset Industry Association, with participation from multiple institutions. This organization is committed to promoting the collaboration of regulated Financial Institutions and developing and promoting Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) standards and practices. DAAMC will respond to the guidelines on Anti-Money Laundering and Combating the Financing of Terrorism (applicable to licensed stablecoin issuers) issued by the Hong Kong Monetary Authority (HKMA) and explore research on globally emerging industry compliance standards related to on-chain identification.

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MetaEggplantvip
· 11h ago
Regulation is good, suckers love it the most.
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AirdropHunterWangvip
· 08-20 07:36
Regulation is here, suckers can rest assured.
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BrokeBeansvip
· 08-19 13:09
The old trap is being regulated again.
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CryptoCrazyGFvip
· 08-19 05:42
Compliance is not as good as just banning it directly.
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fren.ethvip
· 08-19 05:41
The money launderer has invested heavily.
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SchrodingersPapervip
· 08-19 05:41
Another one to manage... It's hard to make extra money by trading coins, even in tower defense games.
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SolidityNewbievip
· 08-19 05:38
Finally, real regulation has begun.
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NftBankruptcyClubvip
· 08-19 05:26
It's not about money, so why create so many rules?
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