HALISTER1: HKMA Flags Possible Money Laundering Risks From Blockchain

HKMA Flags Possible Money Laundering Risks From Blockchain

(Bloomberg) -- Blockchain anonymity may raise risks of illegal activity and money laundering, the Hong Kong Monetary Authority says in presentation on blockchain study.
  • Blockchain also poses issues on regulatory and risk management: presentation
  • Distributed ledger technology offers “good potential but a lot of things need to be addressed”: Shu Pui Li, HKMA executive director, financial infrastructure, in presentation
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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HKMA HK (Hong Kong Monetary Authority)

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Shu Li (Hong Kong Monetary Authority)

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