A notice posted on the Securities and Futures Commission website states that HTX’s company in Hong Kong, formerly known as Huobi, has withdrawn its application for a licence to trade virtual assets.
Three days after submitting, HTX withdrew their application, according to the SFC website. According to a June 2016 report, Justin Sun estimated that HTX (formerly Huobi) might get a Hong Kong cryptocurrency trading licence in six to twelve months.
An inquiry for comment from HTX was not immediately answered by a representative.
The exchange withdrew its application, as first reported by South China Morning Post in Hong Kong.