HTX

South Korea excludes cryptocurrency donations but allows stablecoins and blockchain gift certificates in charity contributions, reflecting concerns about scams. Despite high crypto adoption, regulatory contradictions aim to balance innovation with investor protection in South Korea's evolving financial landscape.

Hong Kong's Securities and Futures Commission has stopped accepting crypto exchange license applications, with non-compliant exchanges facing closure by 31 May 2024. Licensed operators include OSL Digital Securities and HashKey Exchange, while notable applicants like Bybit and OKX seek approval, though platforms like Coinbase and Kraken are absent.

HTX, formerly known as Huobi, withdrew its application for a crypto trading license in Hong Kong just three days after submission. This follows a similar decision by Huobi Korea to cease its trading services in South Korea due to regulatory changes and market dynamics.

OKX's weak verification methods, coupled with platforms like OnlyFake, raise concerns over widespread identity fraud in online transactions.

India has heightened its crackdown on offshore crypto exchanges, leading Apple to remove apps of platforms like Binance and Bitfinex from its App Store within the country. Regulatory measures, including compliance notices and a 1% levy called Tax Deducted at Source (TDS), reflect India's commitment to enforcing crypto regulations, impacting both local and offshore exchanges.

”Polygon链上资产最惨，甚至不足1美元，还不如山寨交易所呢。“

Justin Sun withdrew 500 billion SHIB tokens from Binance, part of his broader crypto investment strategy.

HTX, formerly Huobi, swiftly resumes operations, including Bitcoin transactions, after a $30 million exploit, as part of a series of security challenges in the Sun-linked crypto ecosystem.

HTX, formerly Huobi Global, grapples with its fourth hack in two months, losing $30 million, raising concerns about the exchange's security despite reassurances from executives.