OKX to end trading services in Hong Kong, abandons VASP license bid

Global crypto exchange OKX announced today the withdrawal of its Virtual Asset Service Provider (VASP) license application in Hong Kong. The company will discontinue centralized trading services for Hong Kong residents by May 31, 2024, in compliance with regulatory demands.OKX said in a recent announcement that customers' funds are secure and that withdrawal services will remain unaffected... source: https://cryptobriefing.com/okx-hong-kong-withdrawal/