Crypto exchange HKVAEX linked to the world’s largest crypto exchange Binance has withdrawn its virtual asset trading platform license application from Hong Kong Securities and Futures Commission (SFC). The Hong Kong securities regulator asked crypto exchanges and firms to apply for the license before the deadline of February 29. The crypto exchange HKVAEX which goes by its company name BX Services Ltd has withdrawn virtual asset trading platform license application. BX Services Ltd now appears under the list of companies whose license applications have been returned, refused, or withdrawn on Hong Kong’s SFC website.