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Hong Kong (HKVAC) Delist XRP, Arbitrum (ARB) and Nine Altcoins, is Bad News?

Hong Kong Virtual Asset Rating Agency (HKVAC) listed some cryptos but delisted XRP, Arbitrum (ARB) and nine others.

Positive developments continue to occur in Hong Kong, which has taken important steps towards becoming a cryptocurrency center.

Chinese journalist Wu Blockchain stated in his post that Hong Kong Virtual Asset Rating Agency (HKVAC) announced the index adjustment results that will come into effect on January 19.