![BitgetX HK Unit Halts Operations, Won't Apply for Crypto License Atmosphere (Shutterstock/CoinDesk)](https://btcusa.com/wp-content/uploads/2023/11/BitgetX-HK-Unit-Halts-Operations-Wont-Apply-for-Crypto-License-678x381.jpg)
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“It is with a heavy heart that we inform you that due to business and market-related considerations, we have decided not to apply for a Virtual Asset Trading Platform (VATP) license in Hong Kong … At the same time, Bitgetx.hk will permanently withdraw from the Hong Kong market,” the firm said.
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