《Hong Kong Web3 Compliance Boundaries: OTC Is Not a Money Laundering Channel》 (Author: Mankun Blockchain) This article uses a virtual asset OTC money laundering case in Hong Kong as an example to highlight that while Hong Kong supports Web3 development, it does not relax anti-money laundering regulations. The individuals involved received fraudulent funds through local digital bank accounts, then withdrew the money to purchase cryptocurrency at OTC shops. Over two months, the case involved HK$9.29 million, and the perpetrators were ultimately sentenced for money laundering. The risk doesn’t lie in 'buying USDT' itself, but rather in the source of funds, account roles, withdrawal paths, and whether on-chain transfers can be reasonably explained. Read the full article: https://www.(wublock123.com)/articles/article-59242