rules – Rayrice Forex News

rules

Hong Kong buys crypto exchanges under the same rules that buy TradFi.

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Hong Kong’s Legislative Council has approved new amendments to its anti-money laundering (AML) and terrorist financing regime to include virtual asset service providers. The new law will establish a new licensing system for virtual asset service providers that will take effect on June 1, 2023. The new amendment will subject crypto exchange service providers to … Read more

SBP revises FX trading rules

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KARACHI: The State Bank of Pakistan has amended foreign exchange trading regulations to strengthen regulatory framework for foreign exchange companies and encourage customers to use banking channels instead of currency exchanges. In a statement on Friday, the SBP advised foreign exchange companies to conduct all foreign exchange sales transactions of USD 2,000/ or above (equivalent … Read more