The financial regulator of Hong Kong - the Securities and Futures Commission (SFC) has come up with a new set of regulations for Bitcoin and cryptocurrency exchanges today. The new changes will give details of how exchanges should approach custody, compliance such as Know Your Customer and Anti-Money Laundering rules, among other issues. The first guidelines established by SFC were in November 2018 for crypto funds and exchanges. After a year, the regulator is taking that work forward, Alder told the conference on Wednesday.