According to BlockBeats, on July 22, according to official news, the cryptocurrency trading platform HKX has decided to close its business in Hong Kong. Since there are no plans to restart services or reapply for licenses, the HKX management team announced the decision to cease operations and advised existing users to withdraw their crypto assets as soon as possible.

Earlier news, according to updated data on the official website of the Hong Kong Securities and Futures Commission, the virtual asset trading platform license application submitted by HKX to the Hong Kong Securities and Futures Commission was withdrawn on July 17.