Crypto.com to Shut Down Hong Kong Consumer App

Crypto.com will shut down its consumer-facing application in Hong Kong on February 1, 2027. The company stated the closure is intended to optimize global operations and shift resources toward markets with more sustainable long-term opportunities.

Affected customers have been notified and will receive instructions to withdraw their funds. While the company is exiting the retail market, it continues to pursue a virtual-asset trading platform license from the Securities and Futures Commission. This application for an institutional-grade exchange platform is being managed through Foris DAX HK Limited.