Hong Kong Attracts 24 Applicants for Crypto Exchange Permits
- Bybit, OKX, Crypto.com among the best-known permit hopefuls
- City is seeking to foster a regulated hub for digital assets
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Twenty-four companies applied for licenses to operate digital-asset exchanges in Hong Kong, including larger players like Bybit, OKX and Crypto.com, as the city tries to develop a regulated hub for the industry.
Gate.io, HTX and Bullish were among others with notable trading volumes to feature on the list. Hong Kong imposed a Feb. 29 deadline for applications and platforms that haven’t submitted must cease services by the end of May.