Frustrations abound with the crypto exchange licensing process in Hong Kong so far. Joseph Wang, the astrophysicist who spoke with nostr:npub1mygerccwqpzyh9pvp6pv44rskv40zutkfs38t0hqhkvnwlhagp6s3psn5p on nostr:npub1tr0va8lk35pp4lnk64ymneywdjmmq6juznxlg5ejerkhxgwk7ggsw5qqpx back in June, offered some of his insight, having gone through the process to kind of kick the tires. He has a dour outlook, although other industry players say the Securities and Futures Commission is on the right track.

Full story: https://www.scmp.com/tech/policy/article/3237817/hong-kongs-crypto-hub-dream-mired-high-costs-other-barriers-one-year-jpex-one-stumbling-block

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