Cryptocurrency exchange Bitget has taken the unexpected step of abandoning its plans to obtain a license in Hong Kong.
Bitget from Hong Kong Virtual Asset Trading Platform (VATP) backtracked on plans to obtain the licence. Hong Kong division accessible under the BitgetX.hk domain, the exchange announced on November 13. BitgetX December 13, 2023 It has officially announced that it will cease its activities as of today.
In the announcement, the stock exchange’s Hong Kong market withdraw permanently must It was stated that he would stay.
of the stock market From 13 November While it was stated that it will stop accepting new users, investors will be able to withdraw all their assets, including fiat and cryptocurrencies, from Bitget’s Hong Kong site BitgetX. Withdrawals before December 13 requested:
After December 13th, the BitgetX website will no longer be accessible and you will not be able to manage or access your assets on BitgetX.
The first cryptocurrency exchange that managed to obtain a license from Hong Kong in the past period HashKey had happened. HashKey currently has 7 cryptocurrencies.