A statement from the executives read that Hong Kong will "keep a close watch on cryptocurrencies and Initial Coin Offerings, intervening where appropriate."
Hong Kong's government agency Financial Services and the Treasury Bureau (FSTB) has released the "Money Laundering and Terrorist Financing Risk Assessment Report".
Hong Kong-based crypto exchange giant OKEx is set to roll back a number of Bitcoin futures transactions after an irregular sell-off that was localized to the trading platform.