According to ChainCatcher, the updated data on the official website of the Hong Kong Securities and Futures Commission shows that the application for a virtual asset trading platform license submitted by VAEX was withdrawn on May 24. The company name of the virtual asset trading platform operator submitted by VAEX is 'Hong Kong VAEXC Limited'. VAEX first submitted an application for a virtual asset trading platform license to the Hong Kong Securities and Futures Commission on November 25, 2023.

As of now, the Hong Kong Securities and Futures Commission has announced that 10 applicants have had their virtual asset trading platform licenses withdrawn and returned, 1 has been returned, and the number of virtual asset trading platform applications on the waiting list is 18.