Twenty-two 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.
