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HONG KONG FINALLY WISES UP… NOT! Crypto License Applications Flood in Despite Being Due YESTERDAY, Because Apparently You Can’t Teach Old Dogs New Math

A  dog wearing a suit and tie stands at a desk with papers scattered around it, looking frazzled as a calendar page flips by showing May 31st's deadline for digital asset exchange license applications. In the background, other dogs are shown holding briefcases and rushing to meet deadlines.

} Let’s get this straight: a bunch of idiots are still trying to make money off numbers on a computer? Hong Kong is accepting license applications for digital asset exchanges because they think it’ll be the next big thing. Newsflash, folks: it won’t be. It never has been and never will be anything more than a playground for scammers and speculators. And what’s with all these companies trying to make money off .

Source: cointelegraph

The Hong Kong Securities and Futures Commission (SFC) has accepted a new digital asset exchange license application from Hong Kong Digital Asset Xchange (HKDAEx) despite the May 31 deadline having passed. According to the regulator's listing, HKDAEx, a company based in Hong Kong and a member of the Hong Kong Financial Asset Exchange Group, submitted an application for a digital asset exchange license on Aug. 27. However, the SFC may […]

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