The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
This summary text is fully AI-generated and may therefore contain errors or be incomplete.
This summary text is fully AI-generated and may therefore contain errors or be incomplete.
Cryptocurrency trading platform Bitget has announced that it will not be pursuing a Virtual Asset Trading Platform (VATP) license in Hong Kong. The company’s Hong Kong division, BitgetX, will be shutting down by December 13, 2023. Users are advised to withdraw their crypto assets from BitgetX before this date, as the website will no longer be accessible afterwards. This decision by Bitget means that the company will be permanently withdrawing from the Hong Kong market. Further information will be provided as it becomes available.