Hong Kong to crack down on crypto money launderers in the aftermath of $193M JPEX scandal

Hong Kong’s Customs and Excise Department is looking to tighten regulatory measures to address the money-laundering risks associated with cash-for-crypto shops, South China Morning Post reported on Oct. 21. The decision comes after police arrested some of these store owners in connection with the…

#hongkongs #customs #excisedepartment #hongkong #jpex #louisehopuishan #ho #southkorean #asiapacificregion #jpexscandal