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Hong Kong-based Crypto Coinsuper Users Couldn’t Withdraw Funds Since November

News Snapshot:

Several users of Hong Kong-based crypto exchange Coinsuper have said that they couldn’t withdraw funds from the platform since late November, according to messages on Coinsuper’s official Telegram channel. – The fiasco sheds a negative light on crypto exchanges, which are at the center of Hong Kong’s evolving crypto regulation. The government plans to [propose] a bill that will make licensing for exchanges mandatory in the 2021-2022 legislative session. – Bloomberg first reported the news on Friday. According to the Bloomberg article, at least seven people have filed police reports, and the Hong Kong police are investigating the case of…

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