Hong Kong is making big moves in the crypto world! 🚀 SFC CEO Julia Leung announced that the license applications of 11 exchanges are being reviewed on-site and that more approvals are expected by the end of the year. Last week, HKVAX received a license, making it the third approved exchange in Hong Kong. HashKey and OSL have also upgraded their licenses.

Although Hong Kong’s aim to become a crypto hub has been criticized, new approvals are on the way. How do you think these steps will affect the industry? Let’s meet in the comments! 💬

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