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Hong Kong established a digital asset AML committee, with SlowMist and RoundCoin participating.
According to news from HashiChain, the Hong Kong non-profit organization Digital Asset Anti-Money Laundering Committee (DAAMC) has been established with the support of the Hong Kong Virtual Asset Industry Association, with members including Slow Mist, Round Coin, and other institutions. The organization aims to formulate and promote standards and practices for anti-money laundering and combating the financing of terrorism by facilitating cooperation among regulated financial institutions. DAAMC will respond to the guidelines on anti-money laundering and combating the financing of terrorism (applicable to licensed stablecoin issuers) published by the Hong Kong Monetary Authority (HKMA) and explore research on industry compliance standards related to on-chain identity verification that are forming globally.
#香港 Virtual Assets #Circle digital asset #AML