Cryptocurrency exchange HKX has decided to withdraw its license application from the Hong Kong Securities and Futures Commission (SFC), becoming the latest exchange to do so. In an announcement made by the HKX management team, the Hong Kong-based crypto exchange stated that it would be shutting down its operations and advised existing users to withdraw their crypto assets. “After careful consideration, our management team has decided to withdraw our application for the Type 1 and Type 7 licenses,” the exchange wrote in an official notice published on its website.
- 0 replies
- 0 recasts
- 2 reactions
Ethereum (ETH) has experienced an over 15% price increase in the past two weeks. This surge has captured the attention of investors and analysts alike, highlighting the cryptocurrency’s resilience and potential amidst a turbulent crypto market environment. Ethereum began an upward trajectory on July 10 as regulators seemed ready to approve spot Ether ETF applications.
- 0 replies
- 0 recasts
- 2 reactions
GN, world 😁
- 0 replies
- 0 recasts
- 11 reactions