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Crypto Exchanges Face Robust, Expensive Hong Kong License Approval Course of

by SB Crypto Guru News
August 6, 2023
in Crypto Updates
Reading Time: 1 min read
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Licensing consultants can cost as much as $1 million to advise corporations on the appliance, an individual accustomed to the matter mentioned. Exchanges are required to keep up a paid-up share capital of 5 million Hong Kong {dollars} ($640,000), and liquid capital of not less than $380,000. They have to maintain liquid belongings equal to not less than a 12 months of working bills, not counting digital belongings.



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