Breaking News: Binance-Backed HKVAEX Ceases Operations, Allowing Users 30 Days to Withdraw Funds Amid Hong Kong Regulatory Changes
Binance-backed HKVAEX Shuts Down Amid Hong Kong Regulatory Tightening What Happened? The Binance-linked HKVAEX exchange, operating as BX Services Ltd, has announced its closure and withdrawal of its operational license application in Hong Kong. The decision comes in response to the tightening regulatory environment in the region, with the Securities and Futures Commission (SFC) playing…