Binance-linked HKVAEX still preparing to apply for license in Hong Kong
Summary
Hong Kong cryptocurrency exchange HKVAEX has not applied for a virtual asset trading platform license with the Securities and Futures Commission (SFC) in Hong Kong, contradicting previous reports suggesting otherwise. The HKVAEX representative stated that the company is preparing for the application but has not yet submitted it. This statement was made to clarify confusion with another company called VAEXC, which has applied for a crypto license. There have been claims that Binance is behind HKVAEX, but both companies have remained silent on these allegations. Currently, only OSL Digital Securities and HashKey exchanges are licensed as virtual asset trading platform operators in Hong Kong.
