Justin Sun's Huobi HTX is blocked from entering Hong Kong? Apply for a license from the Securities and Futures Commission of Hong Kong for the second time

This site (120btC.coM): Justin Sun’s exchange HTX is suspected of being blocked in its entry into Hong Kong business. HTX has resubmitted its license application due to unknown reasons.

HTX reapply for Hong Kong operating license?

According to the South China Morning Post, HTX Hong Kong subsidiary HBGL Hong Kong Limited submitted an application to the SFC on February 20, but withdrew its application on the 23rd.

HBGL did not publicly disclose the reason for its withdrawal, nor did it respond to requests for comment from the South China Morning Post and TheBlock.

Finally, HBGL submitted another application on the 26th.

List of applicants for SFC virtual asset trading platform

Last application deadline for Hong Kong Exchange: February 29

SFC pointed out that so far Three cryptocurrency exchanges have withdrawn their applications, one of which has been returned.

According to the SFC announcement, exchanges must apply for a license before February 29, otherwise they will be forced to suspend their Hong Kong operations before May 31 this year.

As of now, only OSL and HashKey have obtained virtual asset trading licenses, and a total of 20 other entities are still applying.

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