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Hong Kong’s de facto central bank, the Hong Kong Monetary Authority (HKMA), has issued an assessment of blockchain technology, including a cautionary note that it may increase the risk of money laundering, reports Bloomberg. The study released Friday says the privacy offered by...

On Wednesday, Hong Kong lawmakers called on authorities to ban Bitcoin as more than 25 people went to police to file complaints over a scheme involving Bitcoin that reportedly could have duped investors of up to $387 million, reported Reuters. The government should clamp down on...