The collapse of FTX, Terra, and Three Arrows have led authorities to border rules or steerage to guard clients from inadequacies within the digital asset business. The HKMA doc says corporations ought to maintain shoppers’ digital property in separate accounts segregated from the agency’s personal property within the occasion of insolvency. Firms ought to stop the usage of consumer property for the agency’s accounts.
HKMA Points Steering for Companies Providing Crypto Custody
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