Hong Kong Regulator Finds ‘Unsatisfactory Practices’ at Some Crypto Entities Seeking Full License: Report

Hong
Kong’s
Securities
and
Futures
Commission
(SFC)
has
found
“unsatisfactory
practices”
at
“some”
of
the
cryptocurrency
exchanges
seeking
a
full
license
from
it
after
conducting
on-site
inspections,
Bloomberg
reported
on
Thursday
citing
people
familiar
with
the
situation.