Market Cap
24h Vol
6566
Cryptocurrencies
51.43%
Bitcoin Share

The End of an Era for Unlicensed Crypto Exchanges in Hong Kong

The End of an Era for Unlicensed Crypto Exchanges in Hong Kong


BitDegree
2024-02-29 12:39:07

Key Takeaways Hong Kong has halted its cryptocurrency exchange licensing process, requiring unlicensed platforms to halt operations by May 2024. The Securities and Futures Commission will enforce operational restrictions and a marketing ban on noncompliant exchanges. Lists of platforms mandated to close and those potentially receiving licenses will be published.


Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.