Hong Kong’s SFC Forces Unlicensed Crypto Exchanges To Shut Down by May
Hong Kong has reportedly announced the closure of receiving license applications from crypto companies on February 29. While Hong Kong received 22 applications from companies like Bybit, OKX, and Huobi to operate as crypto exchanges, leading players like Binance, Coinbase, and Kraken failed to apply. The Securities and Futures Commission (SFC) asserted that the crypto...