Hong Kong Doubles Effort to Help Crypto Firms Get Legit Banking

Hong Kong regulators are planning a second meeting in less than two months to push banks to offer services to virtual-asset firms as the city seeks to become an international crypto hub.

The top financial regulators have called a meeting on Monday to bring together banks, crypto platforms and other industry participants, according to people familiar with the matter who asked not to be named discussing a private matter.

The discussion will focus on how to address persistent challenges crypto firms face in opening bank accounts, said the people. It will be the second meeting since late April to push ...