Cryptocurrency exchange HKX has decided to shut down its Hong Kong business operations, reminding users to withdraw their assets as soon as possible

Cryptocurrency exchange HKX has decided to shut down its operations in Hong Kong. With no plans to restart services or reapply for licenses, the HKX management team announced the decision to stop operations and advised existing users to withdraw their crypto assets as soon as possible. Value Currently, less than 20 cryptocurrency exchanges are applying for a VATP license in Hong Kong. The most recent application was submitted by Bitcoin World Technology Limited on May 17 on behalf of the "bitcoinworld" cryptocurrency exchange.