Gate.HK Closes Due to Hong Kong Crypto License Requirements

Gate.HK Closes Due to Hong Kong Crypto License Requirements

Gate.HK closed after failing to meet Hong Kong’s new crypto licensing requirements effective June 1. The Gate is a Hong Kong-based cryptocurrency exchange.HK ceased operations on June 1 after failing to comply with the forthcoming local licensing requirements. All cryptocurrency exchanges in the region were required by the Hong Kong Securities and Futures Commission (SFC) […]