Licensing consultants can cost as much as $1 million to advise firms on the applying, an individual conversant in the matter mentioned. Exchanges are required to take care of a paid-up share capital of 5 million Hong Kong {dollars} ($640,000), and liquid capital of at the least $380,000. They need to maintain liquid belongings equal to at the least a 12 months of working bills, not counting digital belongings.
FTX Exploiter Transfers 5,000 ETH Ahead of Ether Futures ETF Launch
Some 5,000 ETH, price over $8.2 million, have been moved from a pockets tackle related to the FTX hacker. This...