Event JSON
{
"id": "713faa20183168be3b95f06035cb6edca863879bd93e0d47baafacabb24bfbe0",
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"created_at": 1731679362,
"kind": 1,
"tags": [
[
"r",
"https://crypto.news/hong-kongs-hkma-warns-against-overseas-crypto-firms-posing-as-banks/"
],
[
"subject",
"Hong Kong\u0026#8217;s HKMA warns against overseas crypto firms posing as banks"
],
[
"published_at",
"1731677804"
],
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"image",
"https://crypto.news/app/uploads/2024/04/crypto-news-Hong-Kong-option01.webp"
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[
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],
[
"summary",
"The Hong Kong Monetary Authority issued a press release on November 15, warning against overseas crypto firms that use the term 'bank' in their product descriptions or marketing materials, potentially misleading consumers into believing they are licensed banks in Hong Kong. The authority highlighted two firms that have recently held activities in Hong Kong, one referring to itself as a 'bank' and the other describing its card product as a 'bank card'. The HKMA emphasized that only licensed banks, restricted license banks, and deposit-taking companies are permitted to carry out banking services in the city, and that the use of the term 'bank' by any entity outside of these institutions is a violation of the law."
]
],
"content": "nostr:nprofile1qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqfupvkfgd5pazlt7lr0zqhmsnvrd87xmgwec5y356qnctzdmkvz9qjj8vg8\nhttps://crypto.news/app/uploads/2024/04/crypto-news-Hong-Kong-option01.webp\nThe Hong Kong Monetary Authority cautions the public on overseas crypto firms falsely claiming to be banks, urging caution as such claims may violate local banking laws. Hong Kong\u0026#8216;s financial regulator, the Hong Kong Monetary Authority, warning against overseas crypto\u0026#8230;\nhttps://crypto.news/hong-kongs-hkma-warns-against-overseas-crypto-firms-posing-as-banks/",
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}
