HTX Withdraws Hong Kong Crypto Exchange Application

The
Hong
Kong-based
subsidiary
of
HTX,
formerly
known
as
Huobi,
has
withdrawn
its
application
for
a
virtual
asset
trading
license,
according
to
a
notice
on
the

Securities
and
Futures
Commission
website.

The
SFC’s
website
shows
that
HTX
withdrew
its
application
three
days
after
it
was
submitted.

Last
June,

CoinDesk
reported
that
Justin
Sun
predicted
HTX
(then
Huobi)
could
receive
a
Hong
Kong
crypto
trading
license
in
6
to
12
months.

A
spokesperson
for
HTX
did
not
immediately
return
a
request
for
comment.

Hong
Kong’s
South
China
Morning
Post

first
reported
the
exchange
had
withdrawn
its
application.