Hong Kong Crypto Exchange AAX Reopening Hinges on Capital Raise

First Mover Asia: FTX Debacle Might Change Hong Kong’s Approach to Retail Crypto Regulation; Bitcoin Shows Its Mettle

“If we are able to inject additional capital by the end of this week, AAX should be able to resume services as usual,” the exchange said. “If AAX is unable to secure funding to enable us to restart operations, AAX is committed to initiate legal procedures to secure and ensure the distribution of assets.”

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