New legislation tailored to regulate the Hong Kong crypto space aims to introduce a licensing system for crypto service providers. The relevant changes to the region’s anti-money laundering (AML) regulations have been brought to lawmakers while a recently released report examines relevant threats. Hong Kong lawmakers consider bill to align crypto sector with financial industry Amendments intended to regulate the cryptocurrency market in Hong Kong have been submitted to members of the Special Administrative Region of the Legislative Council of the People’s Republic of China. The Anti-Money Laundering and Terrorist Financing (Amendment) Act 2022, published in the Government Gazette in…