Crypto Token Tracker logo Crypto Token Tracker logo
Coin Edition 2024-05-25 07:40:33

OKX Retreats from Hong Kong as Crypto Regulations Tighten

OKX, the Seychelles-based cryptocurrency platform, has withdrawn its application for a Virtual Asset Service Provider (VASP) license in Hong Kong, citing a reassessment of its business strategy.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 .

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.