Mox Bank Suspected of Freezing Cryptocurrency Accounts, Hong Kong Monetary Authority Calls for Resolution

According to Hong Kong Economic Times, Hong Kong’s digital bank Mox Bank is freezing several users’ bank accounts, with speculation that this may be related to recent system updates. Users suspect that the bank’s system is particularly sensitive to transactions involving cryptocurrency trading. In response, the Hong Kong Monetary Authority has acknowledged the incident and requested Mox Bank to take appropriate measures to address customer concerns. The authority aims to ensure that customer attention is handled properly and that the situation is appropriately resolved.