The Hong Kong Securities and Futures Commission (SFC) has taken action against fake sites imitating local cryptocurrency exchanges.
On March 4, the SFC warned the public about several deceptive sites imitating two officially licensed cryptocurrency trading platforms.
These illegal domain names were intended to impersonate OSL Digital Securities and Hash Blockchain Limited (HashKey).
SFC provides a list of licensed virtual asset trading platforms to ensure investors trade with legitimate institutions.
This is an important step in Hong Kong's efforts to regulate and secure the cryptocurrency trading environment.