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Hong Kong’s SFC Finds Unsatisfactory Practices at Some Crypto Exchanges Seeking Full License

Hong Kong’s SFC Finds Unsatisfactory Practices at Some Crypto Exchanges Seeking Full License


Coinpedia
2024-08-26 11:42:07

The post Hong Kong’s SFC Finds Unsatisfactory Practices at Some Crypto Exchanges Seeking Full License appeared first on Coinpedia Fintech News As per a Bloomberg report, after conducting on-site inspections, Hong Kong’s SFC has found ‘unsatisfactory practices’ at some of the cryptocurrency exchanges that are seeking a full license. The report cited that some of the crypto firms are overly reliant on a handful of executives to manage the custody of client assets, while others aren’t …


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