您现在的位置是:Bitget halts plans for crypto licence in Hong Kong >>正文
Bitget halts plans for crypto licence in Hong Kong
上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛966人已围观
简介Bitget announced that it will halt operations for its Hong Kong unit by December 13.The crypto excha...
- Bitget announced that it will halt operations for its Hong Kong unit by December 13.
- The crypto exchange said the decision is down to “business and market related considerations.”
- Users have until then to withdraw their funds.
Bitget has announced that its Hong Kong unit will not pursue registration as a Virtual Asset Trading Platform in Hong Kong.
The crypto exchange will also be halting all operations on December 13.
Bitget halts Hong Kong unit
Bitget’s decision to halt operations of its Hong Kong unit and to withdraw from the pursuit of a licence comes amid rumours that the firm may be looking at a potential deal with OSL, the first crypto exchange to be licensed in Hong Kong.
According to crypto news account Wu Blockchain, OSL announced a suspension to its stock trading on Monday.
BitgetX hk announced its decision not to apply for a compliant cryptocurrency exchange license in Hong Kong. Market rumors that Bitget has acquired or invested in Hong Kong’s first licensed exchange, OSL. OSL announced today that it would suspend trading due to major matters.…
— Wu Blockchain (@WuBlockchain) November 13, 2023
A notice by the BC Technology Group, which owns OSL, to the Hong Kong Stock Exchange quoted a “notifiable transaction which constitute inside information.”
Bitget on the other hand pointed to “business and market related considerations.”
“With a heavy heart, we regret to inform you that due to business and market related considerations, we have decided not to pursue a Virtual Asset Trading Platform (VATP) licence in Hong Kong. As a result of this decision, the BitgetX website (www.BitgetX.hk) will cease its operations effective December 13, 2023. At the same time, Bitgetx.hk will permanently exit the Hong Kong market,” the crypto exchange wrote.
According to the platform, users are advised to withdraw their assets by the indicated deadline, thereafter the BitgetX.hk website will go offline.
“It is crucial that you withdraw your assets before the deadline. Failure to do so will result in the inability to access these assets once BitgetX is closed,” the exchange said in a FAQ section of the announcement.
Hong Kong’s new crypto licensing framework
Bitget unveiled its HK unit in April this year, offering access to spot trading and peer-to-peer (P2P) transactions to its customers. The move came ahead of Hong Kong’s crypto licensing framework rolled out in June.
The new requirements mandated crypto providers to seek and receive licences from the Securities and Futures Commission before offering trading services and products to retail customers. The SFC also warned crypto firms against misleading customers about potential licensing by pointing to local arms that were yet to be registered.
Tags:
转载:欢迎各位朋友分享到网络,但转载请说明文章出处“上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛”。http://www.jz08.com.cn/news/13585.html
相关文章
Money to be spent on blockchain technology is set to rise exponentially in the years to come.
Bitget halts plans for crypto licence in Hong KongMoney to be spent on blockchain technology is set to rise exponentially in the years to comeBitcoin...
阅读更多
DeFinity introduces anomaly detection on ETH and MATIC
Bitget halts plans for crypto licence in Hong KongDeFinity Markets, an institutional digital asset ECN, announced it would release crypto market anoma...
阅读更多
Circle builds first PoC to eliminate data sharing
Bitget halts plans for crypto licence in Hong KongCircle Internet Financial has developed the world’s flagship proof-of-concept for “know...
阅读更多
热门文章
- US Homeland Security Gives Funding To 5 Blockchain Startups
- Dogecoin’s journey to $0.07 reignited as price jumps
- Ukraine Lands First Place On Global Crypto Adoption Index
- Casper price prediction: CSPR outlook after massive April?
- Woman Charged for Paying BTC to Have Ex
- Metacade Smashes Past $1 Million In Three Weeks
最新文章
$300m of FTX debtors transferred without authorization
Is Solana dead? Top projects flee the blockchain
Crypto winter may not end anytime soon
Ripple (XRP/USD) price stalls as Ripple CEO remains “cautiously” optimistic about 2023
Standard Chartered’s Zodia Custody raises $36 million
1 in every 138 Bitcoins are now owned by MicroStrategy, but it doesn’t make much sense