Gate.HK's Strategic Shift in Response to Upcoming Regulatory Changes
Friday, 24 May 2024, 12:07
Gate.HK Ceases Operations and Delists Major Tokens
Gate.HK ends operations, withdraws its license application, and plans to delist major tokens by May 2024, with trading ceasing by August.
Strategic Realignment Ahead of New Licensing Requirements
The platform will allow asset withdrawals until August 28, 2024, as a response to upcoming regulatory changes.
- Gate.HK ceases accepting new user registrations and asset deposits
- Plans to delist major tokens like Bitcoin, Ethereum, and Tether by May 28, 2024
Gate.HK CEO Kevin Lee: 'We are exploring other regulatory licenses to adapt to the evolving market requirements.'
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