Crypto.com to withdraw Hong Kong consumer app citing regulatory changes

Crypto.com will discontinue its consumer app services in Hong Kong in February next year. Crypto.com will discontinue its consumer app services in Hong Kong on Feb. 1, 2027, while continuing to pursue regulatory approval for its institutional exchange. On Monday, the company confirmed the shutdown to Bloomberg, saying affected customers had been notified and would receive instructions on closing their accounts and withdrawing funds. According to local news outlet HK01, Crypto.com cited regulatory changes in emails sent to its users in Hong Kong.