According to the Hong Kong Oriental Daily News Hong Kong regulators stressed that virtual currency should be included in the regulation of virtual goods but reminded banks to pay attention to combating money laundering and terrorist funds involved in financing risks. The CSRC also used a possible "collective investment plan" as a reason. Stopped an ICO. The information technology community admits that the authorities must have a clearer position on virtual currency regulation. Fang Baoqiao honorary president of the Hong Kong Information Technology Chamber of Commerce said that the attitude of Hong Kong regulators in virtual currency is ambiguous. The government reminds the public that virtual currency is a high-risk investment activity but does not explain to the public the market position of virtual currency. To make investors feel at a loss.
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