📉Crypto exchanges are playing "hot potato" with Hong Kong licenses! Three more, including IBTCEX and QuanXLab, have withdrawn their applications, making it a total of seven withdrawals in 2024. The reason? Top secret, folks! 🕵️‍♂️ Meanwhile, 21 exchanges are still in the race, including big names like Bybit and Crypto.com. On the flip side, Hong Kong's digital yuan is gaining momentum, with a pilot program launched for cross-border payments. So, while some are packing their bags, others are unpacking their digital wallets! 💼💰