According to Odaily Planet Daily, HKVAEX recently announced that it will suspend services in stages starting from April 1, 2024, and its official website will be completely closed on May 1, 2024. From now on, HKVAEX will no longer accept new user registrations or virtual asset recharge services. Trading services will be closed at 23:59 on April 5, 2024. Users will not be able to place any new orders at that time, and all existing spot orders will be automatically canceled by the system. Previously, the Hong Kong Securities and Futures Commission website showed that the license application submitted by the virtual asset trading platform HKVAEX has been withdrawn, and the reason for the removal is "withdrawn."