HTX reenters race for Hong Kong crypto license days after withdrawing initial bid

Summary

HTX, previously Huobi, has reapplied for a Virtual Asset Trading Platform license in Hong Kong after withdrawing its initial application. The Securities and Futures Commission (SFC) has warned unregistered platforms to apply by Feb. 29 or cease operations by May 31. Seven new applications, including from HTX, Bullish, and Crypto.com, have been submitted. OSL and Hashkey are currently the only licensed crypto exchanges in Hong Kong.