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Hong Kong looks to become global OTC crypto center with new EU style reporting – TON BOT

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Hong Kong looks to become global OTC crypto center with new EU style reporting

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Hong Kong’s financial regulators plan to align OTC derivatives reporting, including crypto, with global standards by September 29, 2025. New rules will introduce Unique Transaction Identifiers and accommodate Digital Token Identifiers. The adoption of ISO 20022 XML aims for consistency and efficiency, reinforcing Hong Kong’s position as a leading financial hub.

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