Hong Kong’s crypto landscape is abuzz as 24 companies vie for licenses to operate digital-asset exchanges ahead of the looming May deadline. Amid efforts to establish itself as a regulated hub for the crypto industry, the city has attracted notable players like Bybit, OKX, and Crypto.com. However, the absence of giants like Binance and Coinbase raises questions about the allure of Hong Kong’s regulatory framework.
Hong Kong Attracts Crypto Exchanges Amid May Deadline
Hong Kong’s regulatory pivot towards embracing the cryptocurrency industry has sparked a flurry of activity, with 24 companies seeking permits to run digital asset exchanges. Notable contenders include Bybit, OKX, and Crypto.com, signaling a growing interest in establishing a foothold in the city’s evolving crypto ecosystem.
However, the absence of major players like Binance, Coinbase, and Kraken suggests lingering doubts about the regulatory environment’s attractiveness. Notably, Hong Kong sets a Feb. 29 deadlin
We współpracy z: https://coingape.com/hong-kong-receives-24-crypto-exchange-requests-amid-may-deadline/
