Crypto.com will discontinue its consumer app in Hong Kong on February 1, 2027, while continuing to pursue regulatory approval for its institutional exchange. HK01 reported that the company cited regulatory changes in emails to users, and affected customers will receive instructions to close accounts and withdraw funds. The app is operated by Foris DAX MT Limited, while Foris DAX HK Limited submitted its Hong Kong virtual asset trading platform license application on February 9, 2024. Nearly three years later, it still holds 'deemed-to-be-licensed' status, a transitional arrangement rather than full approval.
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Related tickers and likely impact
BTC/USDT
• NeutralBitcoin
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $1.6T |
| Close on 11/02/2026 | 76,816.00 |
| Change that session | -1.96% |
ETH/USDT
• NeutralEthereum
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $277.2B |
| Close on 11/02/2026 | 2,253.29 |
| Change that session | -0.97% |
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