Hong Kong establishes a professional committee for anti-money laundering of digital assets, with SlowMist, RoundCoin and four other institutions participating.

According to media reports, the subsidiary of Circle Coin Technology Group, Circle Coin Innovation Technology, which plans to issue stable coins in Hong Kong, has joined hands with HashKey Group, Beosin, and SlowMist to jointly establish a digital asset anti-money laundering professional committee, with the support of the Hong Kong Virtual Asset Industry Association. The digital asset anti-money laundering professional committee will focus on compliance with stable coin issuance and financial integrity, in response to the Hong Kong Monetary Authority's "Anti-Money Laundering and Counter-Terrorist Financing Guidelines". Circle Coin Technology stated that the committee will establish global AML/CFT (Anti-Money Laundering/Counter Financing for Terrorism) standards. In addition, the committee will release two stable coin anti-money laundering technical reports and hold a seminar at the end of August.