HTX Halts Hong Kong License Bid Amid Tightening Crypto Regulations

Cryptocurrency exchange HTX, previously known as Huobi Global, has withdrawn its application for a license to operate in Hong Kong, marking a significant retreat from its previously publicized endeavors to attract customers in the city following its departure from the mainland market. HBGL Hong Kong Limited Pulls Licence Application The Hong Kong arm of HTX, HBGL Hong Kong Limited, withdrew its application for a license for the virtual asset trading platform Huobi HK on February 23. This move came just three days after the application submission, as confirmed by the Securities and...


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