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Hong Kong Establishes Digital Asset Anti-Money Laundering Professional Committee with SlowMist, Roundcoin Participation

Summary: According to local media Ming Pao, the non-profit organization Digital Asset Anti-Money Laundering Professional Committee (DAAMC) has announced its establishment in Hong Kong with the support of the Hong Kong Virtual Asset Industry Association, with participation from SlowMist, Roundcoin, and others. The organization aims to promote collaboration among regulated financial institutions to develop and promote ...

According to local media Ming Pao, the non-profit organization Digital Asset Anti-Money Laundering Professional Committee (DAAMC) has announced its establishment in Hong Kong with the support of the Hong Kong Virtual Asset Industry Association, with participation from SlowMist, Roundcoin, and others. The organization aims to promote collaboration among regulated financial institutions to develop and promote anti-money laundering and counter-terrorism financing (AML/CFT) standards and practices. DAAMC will respond to the Hong Kong Monetary Authority (HKMA)...

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