Gate.HK actively withdraws the application for a virtual asset trading platform license in Hong Kong

2024-05-23 10:02:48

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ChainCatcher news, according to the official announcement, Gate.HK has proactively submitted a request to the Hong Kong Securities and Futures Commission on May 22 to withdraw its application for a virtual asset trading platform license.

Gate.HK CEO Kevin Lee stated: "Currently, Gate.HK is readjusting its business direction. Our team places great importance on compliant operations in Hong Kong and will continue to maintain normal operations in Hong Kong while meeting compliance requirements and providing the best service experience for users. We are also actively exploring the possibility of applying for other compliant licenses, which includes but is not limited to reconsidering the application for a Hong Kong virtual asset trading platform license or other types of compliant licenses in the region."

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