Crypto.com to withdraw its retail app from Hong Kong as its exchange license remains pending approval

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Crypto.com will shut down the consumer app used by Hong Kong users on 2027-02-01. Affected customers will need to close their accounts and withdraw their funds according to the instructions. Meanwhile, Crypto.com will continue to apply for a Hong Kong virtual asset trading platform license through Foris DAX HK Limited; the application is still under review by the SFC, and Foris DAX HK currently holds only transitional “deemed licensed” status.