Crypto exchanges exit Hong Kong license race ahead of May deadline

The queue of crypto exchanges for operational licenses in Hong Kong is shrinking as seven exchanges, including IBTCEX and Huobi HK, withdraw applications ahead of the May 31 deadline.

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Tags: Hong Kong crypto license, crypto exchange withdrawals, SFC, Huobi HK, IBTCEX, QuanXLab, digital yuan pilot, HKMA

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