Huobi Hong Kong has withdrawn its application for a virtual asset trading license in Hong Kong for the second time. The Securities and Futures Commission (SFC) posted a notice on its website stating that platforms that fail to submit a license application must shut down by May 31. The reason for the withdrawal has not been specified by either Huobi or the SFC. Other major crypto exchanges, including OKX, Crypto.com, and Bullish, are currently having their licenses reviewed by the SFC.
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Huobi Hong Kong Withdraws Virtual Asset Trading License Application for Second Time
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