Hong Kong crypto platforms freeze accounts as turmoil deepens

Digital currency markets in free fall after key unit's collapse sparked sell-off

20220620 Hoo

Hoo.com is one of three Hong Kong cryptocurrency platforms that have suspended client transactions amid severe turmoil in digital asset markets. (Nikkei screen shot)

PAK YIU, Nikkei staff writer

HONG KONG -- A trio of Hong Kong cryptocurrency platforms have suspended client withdrawals on the back of a global sell-off that has plunged the digital currency sector into turmoil.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.