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Cryptocurrencies

Virtual currencies in Hong Kong used to be a little like the Wild West, only with freely operating private equity funds instead of cowboys. Now, groups that invest more than 10 percent of their assets in virtual currencies will have to be licensed by Hong Kong’s Securities and Futures Commission (SFC).

Frank Ready

Frank Ready is a reporter on the tech desk at ALM Media. He can be reached at fready@alm.com.

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