Hong Kong Digital Asset Xchange Withdraws License Application

AI Brief

According to Foresight News, the Hong Kong Securities and Futures Commission (SFC) announced that Hong Kong Digital Asset Xchange Limited (HKDAX) has withdrawn its application for a virtual asset trading platform license. The application was initially submitted on August 27, 2024. So far, the total number of withdrawn and returned applications for virtual asset trading platform licenses disclosed by the SFC is 13, with one application being returned.

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