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Crypto.com to close Hong Kong retail app while continuing license application

1 reports1 sourcesupdated 2 hours ago

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AI digest

AI-assisted source synthesis · not an independent investigation.

On November 3, 2026, Fintech News Hong Kong reported that Crypto.com will close its consumer app used by Hong Kong users on February 1, 2027. Affected customers must close their accounts and withdraw their funds according to the platform’s instructions. As the app closes, Crypto.com will continue applying for a Hong Kong virtual asset trading platform license through Foris DAX HK Limited; the application is still under review by the Hong Kong Securities and Futures Commission. The report also noted that Foris DAX HK is currently only in a transitional “deemed licensed” status. Existing reports do not provide earlier developments or the outcome of the license application.

AI-written from reports · updated 2 hours ago

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Nov 3
  1. Fintech News Hong Kong
    Crypto.com to withdraw its retail app from Hong Kong as its exchange license remains pending approval

    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.

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