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Coinpedia
2024-06-01 15:56:50

Hong Kong Orders Immediate Shutdown of Unlicensed Crypto Exchanges

Hong Kong Orders Immediate Shutdown of Unlicensed Crypto Exchanges

The post Hong Kong Orders Immediate Shutdown of Unlicensed Crypto Exchanges appeared first on Coinpedia Fintech News Hong Kong has taken a hard stance against unlicensed cryptocurrency exchanges, issuing a directive for immediate shutdowns. The Securities and Futures Commission (SFC) of Hong Kong has disclosed that eleven platforms, including HKbitEX, PantherTrade, Accumulus, DFX Labs, Bixincom, xWhale, YAX, Bullish, Crypto.com, WhaleFin, and Matrixport HK, are now deemed-to-be-licensed applicants.  Only Crypto.com has secured approval …

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