The Hong Kong Monetary Authority (HKMA) has flagged regulation of crypto-assets in the wake of a mass meltdown in global crypto markets since the start of 2022.

HKMA Executive Director Edmond Lau said that monetary authorities cannot underestimate challenges in relation to the growth of cryptocurrencies, and that they need to be included in regulatory frameworks.

Hong Kong Monetary Authority Calls for Regulation of Cryptocurrencies comes via ChinaTechNews.com.