
HKVAEX, a Hong Kong cryptocurrency exchange linked to Binance, has withdrawn its license application from the Hong Kong Securities Regulatory Commission. The withdrawal follows a US lawsuit and is suspected to be related to issues such as changing the audit company and insufficient materials. The exchange, believed to be owned by Binance, will be permanently closed, with users required to withdraw their assets before April 30. Services will be phased out starting from April 1, leading to the closure of the official website on May 1.





HKVAEX, a @binance owned exchange, will commence a phased suspension of services starting from 1 April 2024. This will lead to a complete closure of its official website on 1 May. https://t.co/tYJOmuj3yo https://t.co/wDbl1qAptw
Hong Kong exchange HKVAEX, suspected to be owned by Binance, announced that it will be permanently closed and all users will withdraw their assets before April 30. The Hong Kong SFC shows that HKVAEX submitted a license application on January 4, 2024 and withdrew it on March 28.…
An exchange that took over Binance’s Russia business in September is shutting down https://t.co/Q8BFZwaQio