Hong Kong's New Crypto License Could Cost Exchanges a Pretty Penny

Permalink Report to webmaster

The city’s new licensing regime paves the way for exchanges to operate legally but tough compliance requirements could cost firms as much as $20 million, industry insiders say.

Source: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

#Policy, #News_analysis, #Analysis, #Regulations, #Policy, #HongKong, #HongKongMonetaryAuthority