Hong Kong Regulator Finds 'Unsatisfactory Practices' at Some Crypto Entities Seeking Full License: Report
Briefly

"Some of the crypto firms are overly reliant on a handful of executives to oversee the custody of client assets, while others aren't properly guarding against cybercrime risks."
"For platforms that are unable to remedy 'critical deficiencies identified during on-site inspections, the SFC may opt to remove their deemed-to-be-licensed status or refuse their license applications."
Read at Coindesk
[
]
[
|
]