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Hong Kong police strengthen fight against virtual asset crimes with new task force

Hong Kong’s new cross-departmental intelligence task force on virtual assets aims to proactively address the security challenges and crimes arising from Web3 while ensuring the technology is not abused, the city’s police chief said. Commissioner of Police Joe Chow Yat-ming revealed on Friday that the city had received more than 1,400 reports of virtual asset-related crimes in the first eight months of the year. He explained that the launch of the Virtual Assets Intelligence Taskforce (VAIT),...


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