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Matrixport Restricts Services for Hong Kong Users in Compliance with Regulatory Changes

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In response to recent regulatory developments in Hong Kong, Matrixport, a prominent digital asset platform, has announced limitations on services for Hong Kong residents effective from 12:00 PM (UTC+8) on July 17, 2023. As per the updated policy, users residing in Hong Kong will only have access to wallet services within the Matrixport App, while access to other products and services will be restricted.

However, for non-residents of Hong Kong wishing to continue utilizing the full spectrum of products and services available within the Matrixport App, an alternative solution has been presented. Users residing outside Hong Kong, yet desiring uninterrupted access to the complete range of offerings on the Matrixport App, are encouraged to complete the KYC 3 authentication process by providing proof of non-Hong Kong residency.

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