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Hong Kong authorities remind banks not to be too hasty in rejecting digital asset clients

One size does not fit all when it comes to Anti-Money Laundering (AML), the Hong Kong Monetary Authority (HKMA) reminded banks on April 27. Banks should not make it unnecessarily hard to open accounts. There has been a wave of companies opening bank accounts in Hong Kong to take advantage of

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Bitcoin ‘will remind everyone who the king is’ says trader as BTC dips to $44K

Bitcoin (BTC) fell to test $44,000 on Aug. 18 with traders still bullish on new all-time highs.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewEyes on $42,000 for higher lowData from Cryptox Markets Pro and TradingView showed BTC/USD hitting local lows of $44,215 on Bitstamp overnight.A continuation of consolidation seen on Tuesday,

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