Hong Kong: Unlicensed Crypto Exchanges Ordered Shutdown
Hong Kong recently made headlines for its tough stance on unlicensed cryptocurrency exchanges. The Securities and Futures Commission (SFC) issued a directive ordering eleven platforms, including well-known ones like HKbitEX, PantherTrade, and Crypto.com, to either secure a license or shut down. Among these, only Crypto.com managed to secure approval, while others, such as OKX, Bybit, … Read more