Coinbry

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HKVAEX, an exchange associated with Binance, remains in the process of preparing its license application in Hong Kong.

HKVAEX, an exchange associated with Binance, remains in the process of preparing its license application in Hong Kong.

– HKVAEX and VAEXC are two different crypto platforms in Hong Kong that are not related to each other.

– HKVAEX has clarified that it has not applied for a virtual asset trading platform license with Hong Kong’s Securities and Futures Commission (SFC).

– The HKVAEX representative stated that they are still preparing the application and should not be confused with VAEXC, which has already applied for a crypto license.

– Recent reports suggesting that Binance is behind HKVAEX have not been confirmed by either HKVAEX or Binance.

– As of November 27, the only two crypto trading platforms licensed by SFC in Hong Kong are OSL Digital Securities and HashKey.

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