Cryptocurrency Q&A
Does Binance still work in Hong Kong?
Does Binance still work in Hong Kong?
MysticInfinity
Tue May 07 2024
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6 answers
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I'm quite curious about the current status of Binance in Hong Kong. As a leading cryptocurrency exchange platform, I've always admired Binance's innovative approach and commitment to providing users with a secure and efficient trading experience. However, with the evolving regulatory landscape in Hong Kong and the global crypto industry, I'm wondering if Binance is still operational in the region. Could you please provide me with an update on this matter? It would be greatly appreciated if you could also share any insights on the potential impact of recent regulatory changes on Binance's operations in Hong Kong. Thank you for your time and assistance.
6 answers
Martina
Thu May 09 2024
The bid, which lasted just three months, aimed to establish a regulated presence in Hong Kong.
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Federico
Thu May 09 2024
However, HKVAEX has now chosen to shut down its operations, marking a significant change in its strategy.
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CryptoVisionary
Thu May 09 2024
The Binance-affiliated cryptocurrency exchange, HKVAEX, has announced the closure of its operations in Hong Kong.
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EchoSeeker
Thu May 09 2024
Meanwhile, BTCC, a UK-based cryptocurrency exchange, offers a range of services to its users.
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Stefano
Thu May 09 2024
This decision follows the withdrawal of its application for a crypto licence in the city.
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