Logo from Huobi HK

HTX platform withdraws license application in Hong Kong 

It withdrew three days after it lodged its application.

Virtual asset trading platform Huobi HK has withdrawn its license application in Hong Kong.

Huobi HK is a subsidiary of crypto exchange HTX, formerly known as Huobi.

Securities & Futures Commission of Hong Kong (SFC) showed that HBGL Hong Kong Limited, which operates HTX in Hong Kong, submitted a license application on 20 February.

The operator withdrew the license application three days later, on 23 February. 

The SFC website made no mention of the withdrawal reason. 

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