Crypto exchange grace period to remain unchanged in Hong Kong despite scandals By Cointelegraph

A one-year grace period for cryptocurrency exchanges operating in Hong Kong will remain in place despite recent scandals.

According to local news reports on Nov. 27, Julia Leung, CEO of Hong Kong’s Securities and Futures Commission, stated, “Even if the grace period ends tomorrow, fraud will still occur, so there is no intention to modify the grace period and other measures for the time being.”