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TechFlow reported, according to CrowdfundInsider, that Bybit's affiliate Spark Fintech Limited announced its decision to withdraw the application for a Virtual Asset Service Provider (VASP) license submitted to the Hong Kong Securities and Futures Commission (SFC).
Effective from 00:00 GMT+8 on June 1, 2024, Spark Fintech has temporarily suspended all products and services on its Hong Kong platform, except for customer withdrawals.
According to CrowdfundInsider, Spark Fintech Limited, an affiliate of Bybit, announced its decision to withdraw the application for a Virtual Asset Service Provider (VASP) license submitted to the Securities and Futures Commission (SFC) of Hong Kong. Effective June 1, 2024, at 00:00 GMT+8, Spark Fintech has temporarily suspended all products and services on its Hong Kong platform, except for customer withdrawals.
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