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Huobi HK’s application for a virtual asset trading platform license submitted to the Hong Kong Securities and Futures Commission was withdrawn on February 23

The Hong Kong Securities and Futures Commission's official website updated information shows that the virtual asset trading platform license application submitted by Huobi HK to the Hong Kong Securities and Futures Commission was withdrawn on February 23. As of now, the number of applicants for virtual asset trading platform licenses revoked and returned by the Hong Kong Securities and Futures Commission is four, including Ammbr, BitHarbour, and Meex in addition to Huobi HK. According to information disclosed by the Hong Kong Securities and Futures Commission, reasons for license applications being returned, rejected, or withdrawn include but are not limited to the following:

1. License applications are returned by the Securities and Futures Commission due to incompleteness and/or unresolved significant issues; and

2. License applications are rejected or withdrawn.

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