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

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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

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