๐ข Hong Kong Turns Up the Heat on Crypto Audits! ๐๐ญ๐ฐ
The Accounting & Financial Reporting Council just dropped its 2024โ25 review โ and the numbers are climbing ๐:
โ 35% of audits now rated good or minor fixes โ up from 26% last year! ๐ฅ
But hereโs the kicker for 2025:
๐ฏ The focus sharpens on emerging industries, especially virtual asset trading firms โ that means crypto is front and center!
๐ก๏ธ Expect tougher scrutiny on risk management, transparency, and compliance.
๐ Why It Matters for Crypto: This is a bullish signal for serious players โ the more regulated, the more trusted.
๐ผ Institutional capital loves clarity.
๐ข And Hong Kong? Itโs showing the world how to do it right.
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