Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Matrixport, a crypto company, applied for a license in Hong Kong under the name Flying Hippo Technologies Limited. Hong Kong regulators have stopped accepting license applications from crypto exchanges as of February 29. Twenty-two firms, including Bybit and OKX, applied for licenses, while larger players like Binance, Coinbase, and Kraken failed to apply by the deadline.
NEW: Binance, Coinbase, Kraken, and other large exchanges fail to apply for a license to operate in 🇭🇰 Hong Kong by the Feb. 29 deadline. After that date, Hong Kong's SFC had clarified that all exchanges that had not submitted an application would have to cease activity https://t.co/MyI3Gypjfw
HONG KONG'S CRYPTO LICENSING ATTRACTS MODEST INTEREST Hong Kong's VATP licensing scheme drew in 24 applicants by the February 29 deadline, according to the latest update on the SFC website. This falls short of the interest seen in Singapore's similar scheme in previous years.… https://t.co/ISD1ydDuVj
UPDATE: HONG KONG RECEIVED APPLICATIONS FROM 22 CRYPTO FIRMS, INCLUDING OKX, BYBIT, BULLISH, CRYPTO[DOT]COM, HUOBI HK, SEEKING LICENSES FOR RETAIL TRADING SERVICES
