OKX, the Seychelles-based cryptocurrency platform, has withdrawn its application for a Virtual Asset Service Provider (VASP) license in Hong Kong, citing a reassessment of its business strategy. The exchange announced that, as a result, it will discontinue centralized virtual asset trading services for Hong Kong users starting May 31, 2024, to comply with local regulations. The post OKX Retreats from Hong Kong as Crypto Regulations Tighten appeared first on Coin Edition .