Cryptocurrency Q&A
Is OKX legal in Hong Kong?
Is OKX legal in Hong Kong?
Valeria
Wed May 08 2024
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6 answers
1289
Excuse me, I have a question about the legality of OKX in Hong Kong. I've been hearing a lot about cryptocurrency exchanges recently and OKX seems to be one of the more popular ones. However, with the complex regulatory environment surrounding cryptocurrencies, I'm not quite sure if it's legal to use in Hong Kong. Could you please clarify this for me? Is OKX registered and compliant with the relevant authorities in Hong Kong? Are there any specific laws or regulations that I should be aware of when using OKX in Hong Kong? Thank you for your time and assistance.
6 answers
SamuraiCourageous
Fri May 10 2024
OKX HK's licence application is currently under evaluation by the Securities and Futures Commission (SFC).
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Thunderbolt
Fri May 10 2024
An associated entity, Okcoin Technology Company Limited (Okcoin TCL), has stopped providing virtual asset trading functionalities on its platforms, okcoin.com and the OKCoin app.
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Giovanni
Fri May 10 2024
This cessation took effect from October 12th, 2023.
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Andrea
Thu May 09 2024
Notably, OKX HK is not a virtual asset trading platform (VATP) that holds an SFC licence.
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EthereumElite
Thu May 09 2024
BTCC, a cryptocurrency exchange headquartered in the United Kingdom, offers a range of services.
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