No government likes to tolerate unauthorised currencies not issued by bona fide monetary authorities, but the creation of cryptocurrencies has created a new reality. Photo: Reuters

Digital currencies need the right regulator

The Securities and Futures Commission is looking into ways to manage trading platforms, but the Hong Kong Monetary Authority should also explore the new market

Topic |   Digital currencies

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No government likes to tolerate unauthorised currencies not issued by bona fide monetary authorities, but the creation of cryptocurrencies has created a new reality. Photo: Reuters
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