SAR should prohibit Bitcoin transactions

Last year, when Hong Kong set up its first Bitcoin ATM and a Bitcoin retail store, I wrote a commentary in this paper, Treat Bitcoin with caution. This was to warn investors to exercise caution about investing in Bitcoin. Unfortunately, it didn't prevent a recent fraudulent incident. Earlier this month, Legislative Council member Leung Yiu-chung said that about 30 concerned clients of MyCoin, a …

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