In a surprising turn of events, the leading cryptocurrency exchange HTX, formerly known as Huobi Global, has withdrawn its application for a license to operate in Hong Kong. Notably, the abrupt retreat comes merely three days after the submission, marking a significant reversal from the company’s earlier plans to expand its presence in the city’s burgeoning crypto market. So, let’s delve deeper into the reasons behind this unexpected decision and its implications for HTX and the crypto industry. HTX’s decision to pull its license application for its Hong Kong operation, HBGL Hong Kong Limited, has raised eyebrows within the cryptocurrency community.
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BCH
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USD1
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USDE
$0.999599
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GRAM
$1.36
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Mkt Cap $2.30T
BTC Dom 56.74 %
BTC
$64,968.00
▲ +0.50%
ETH
$1,919.50
▲ +0.40%
USDT
$0.999411
▲ +0.00%
BNB
$594.60
▲ +1.00%
USDC
$0.99966
▲ +0.00%
XRP
$1.04
▲ +0.30%
SOL
$74.99
▲ +2.30%
TRX
$0.328907
▲ +0.30%
FIGR_HELOC
$1.01
▼ -2.70%
HYPE
$54.78
▼ -3.10%
DOGE
$0.070253
▲ +1.40%
USDS
$0.999789
▲ +0.00%
RAIN
$0.012674
▼ -0.20%
LEO
$9.71
▼ -0.50%
ZEC
$506.79
▲ +0.10%
ADA
$0.199449
▼ -0.80%
XMR
$377.39
▲ +2.70%
WBT
$56.23
▲ +0.50%
LINK
$8.34
▲ +0.90%
XLM
$0.163639
▲ +1.00%
DAI
$0.999896
▲ +0.00%
BCH
$216.60
▲ +0.60%
USD1
$0.999821
▲ +0.00%
USDE
$0.999599
▲ +0.00%
GRAM
$1.36
▲ +2.10%
BTC
$64,968.00
▲ +0.50%
ETH
$1,919.50
▲ +0.40%
USDT
$0.999411
▲ +0.00%
BNB
$594.60
▲ +1.00%
USDC
$0.99966
▲ +0.00%
XRP
$1.04
▲ +0.30%
SOL
$74.99
▲ +2.30%
TRX
$0.328907
▲ +0.30%
FIGR_HELOC
$1.01
▼ -2.70%
HYPE
$54.78
▼ -3.10%
DOGE
$0.070253
▲ +1.40%
USDS
$0.999789
▲ +0.00%
RAIN
$0.012674
▼ -0.20%
LEO
$9.71
▼ -0.50%
ZEC
$506.79
▲ +0.10%
ADA
$0.199449
▼ -0.80%
XMR
$377.39
▲ +2.70%
WBT
$56.23
▲ +0.50%
LINK
$8.34
▲ +0.90%
XLM
$0.163639
▲ +1.00%
DAI
$0.999896
▲ +0.00%
BCH
$216.60
▲ +0.60%
USD1
$0.999821
▲ +0.00%
USDE
$0.999599
▲ +0.00%
GRAM
$1.36
▲ +2.10%
Mkt Cap $2.30T
BTC Dom 56.74 %
BTC
$64,968.00
▲ +0.50%
ETH
$1,919.50
▲ +0.40%
USDT
$0.999411
▲ +0.00%
BNB
$594.60
▲ +1.00%
USDC
$0.99966
▲ +0.00%
XRP
$1.04
▲ +0.30%
SOL
$74.99
▲ +2.30%
TRX
$0.328907
▲ +0.30%
FIGR_HELOC
$1.01
▼ -2.70%
HYPE
$54.78
▼ -3.10%
DOGE
$0.070253
▲ +1.40%
USDS
$0.999789
▲ +0.00%
RAIN
$0.012674
▼ -0.20%
LEO
$9.71
▼ -0.50%
ZEC
$506.79
▲ +0.10%
ADA
$0.199449
▼ -0.80%
XMR
$377.39
▲ +2.70%
WBT
$56.23
▲ +0.50%
LINK
$8.34
▲ +0.90%
XLM
$0.163639
▲ +1.00%
DAI
$0.999896
▲ +0.00%
BCH
$216.60
▲ +0.60%
USD1
$0.999821
▲ +0.00%
USDE
$0.999599
▲ +0.00%
GRAM
$1.36
▲ +2.10%
