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CryptoGlobe 2024-08-22 15:46:28

Challenges Emerge for Hong Kong’s Crypto Exchanges as Licenses Hang in Balance

Hong Kong’s efforts to establish itself as a leading digital asset hub are encountering significant challenges as uncertainty looms over whether 11 crypto exchanges will secure full licenses. According to a report by Kiuyan Wong for Bloomberg, these exchanges previously received initial approvals but are now under scrutiny by the city’s Securities and Futures Commission

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