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Bitcoin World withdraws its application for a virtual asset exchange license from the Hong Kong Securities and Futures Commission.
[Coin World] The official website of the Hong Kong Securities and Futures Commission has updated to show that the application for a virtual asset trading platform license submitted by Bitcoin World was withdrawn on July 10. It is reported that Bitcoin World Technology Limited first submitted the application to the Hong Kong Securities and Futures Commission in May 2024, but it was returned by the regulatory body in October 2024. The application was resubmitted on June 10, 2025, but has now been withdrawn.
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This application is too weak, right?