
Is OKX legal in Hong Kong?|Crypto exchange . OKX joins Gate. io's Hong Kong affiliate, HKVAEX and Huobi HK in recently withdrawing their VASP applications with the Hong Kong Securities and Futures Commission.OKX has withdrawn its VASP license application in Hong Kong and will cease to provide trading services to local residents by May 31
Could you please elaborate on the legality of OKX in Hong Kong? I've noticed that OKX, along with Gate.io's Hong Kong affiliate, HKVAEX, and Huobi HK, have all recently withdrawn their VASP applications with the Hong Kong Securities and Futures Commission. Does this mean that OKX is no longer operating legally in Hong Kong? Furthermore, I understand that OKX has withdrawn its VASP license application and will stop providing trading services to local residents by May 31st. What does this imply for residents of Hong Kong who were previously using OKX for their crypto trading?
