On May 5, according to updated data on the official website of the Hong Kong Securities and Futures Commission, the virtual asset trading platform license applications submitted by IBTCEX and QuanXLab to the Hong Kong Securities and Futures Commission have been withdrawn.
Relevant information shows that the company name of the virtual asset trading platform operator submitted by IBTCEX is "Willows Asia Technology Company Limited", and its Chinese name is "Yonghao Asia Technology Co., Ltd.". The application was submitted on February 2024, 2, and the application was withdrawn on May 22. The company name of the virtual asset trading platform operator submitted by QuanXLab is "QuanX Lab Limited", and its Chinese name is "Quanyi Technology Co., Ltd.". The application was submitted on February 5, 13, and the application was withdrawn on May 2024.
According to information disclosed by the Hong Kong Securities and Futures Commission, the relevant license applications have been returned, rejected or withdrawn for reasons including but not limited to the following: the license application was returned by the Securities and Futures Commission due to incompleteness and/or important issues that have not been resolved; and the license application was rejected or withdrawn.
As of now, the Hong Kong Securities and Futures Commission has announced that six applicants have withdrawn and returned their virtual asset trading platform licenses. Huobi HK withdrew its application and submitted it again, and the number of applicants on the virtual asset trading platform list is 6.