Binance Square
sfc
8,458 megtekintés
14 Bejegyzések
Hot
Latest
LIVE
LIVE
Crypto Ahmet
--
Christian Hui (Hong Kong Secretary for Financial Services) made a speech and stated that the city is grasping attention of several crypto entities. #sfc #Web3 https://blockchainreporter.net/dozens-of-crypto-entities-wishful-to-operate-in-hong-kong-says-the-financial-secretary/
Christian Hui (Hong Kong Secretary for Financial Services) made a speech and stated that the city is grasping attention of several crypto entities.

#sfc #Web3

https://blockchainreporter.net/dozens-of-crypto-entities-wishful-to-operate-in-hong-kong-says-the-financial-secretary/
LIVE
--
Bikajellegű
Hong Kong's Securities and Futures Commission Takes Swift Action Against Crypto Scams. 🇭🇰🖐🏻 In a significant move to protect investors, Hong Kong's Securities and Futures Commission (SFC) has taken a stand against potential scams in the crypto landscape. Let's delve into the key points of this development: Fraud Unveiled: The SFC, in collaboration with the Hong Kong Police Force, issued a fraud warning against two crypto entities: Hong Kong Digital Research Institute and BitCuped. Deceptive Tactics Uncovered: 1. HongKongDAO’s Misleading Information The institute, operating as HongKongDAO, disseminated misleading information, especially regarding the HKD token, raising concerns about potential investor deception. 2. BitCuped's Serious Misrepresentations BitCuped falsely claimed executives from the Stock Exchange of Hong Kong as its Chairman and CEO, posing a risk of misleading investors. SFC's Swift Response: Cease-and-desist letters were promptly issued to the websites, showcasing the SFC's commitment to shielding investors from fraudulent activities in the crypto space. Regulatory Landscape Shifts Starting June 2024, crypto exchanges in Hong Kong must obtain a virtual asset service provider license, reinforcing consumer protection and ensuring secure cryptocurrency transactions. Investor Caution Emphasized The SFC's proactive stance serves as a reminder for investors to conduct thorough research before engaging with crypto platforms, highlighting the importance of heightened regulatory oversight. Global Ripple Effect This move aligns with a global trend of financial regulatory authorities tightening control over the crypto market, aiming to prevent fraud and establish a stable framework for the digital asset industry. #HongKong #sfc #BitCuped #HongKongDAO
Hong Kong's Securities and Futures Commission Takes Swift Action Against Crypto Scams. 🇭🇰🖐🏻

In a significant move to protect investors, Hong Kong's Securities and Futures Commission (SFC) has taken a stand against potential scams in the crypto landscape. Let's delve into the key points of this development:

Fraud Unveiled:

The SFC, in collaboration with the Hong Kong Police Force, issued a fraud warning against two crypto entities: Hong Kong Digital Research Institute and BitCuped.

Deceptive Tactics Uncovered:

1. HongKongDAO’s Misleading Information

The institute, operating as HongKongDAO, disseminated misleading information, especially regarding the HKD token, raising concerns about potential investor deception.

2. BitCuped's Serious Misrepresentations

BitCuped falsely claimed executives from the Stock Exchange of Hong Kong as its Chairman and CEO, posing a risk of misleading investors.

SFC's Swift Response:

Cease-and-desist letters were promptly issued to the websites, showcasing the SFC's commitment to shielding investors from fraudulent activities in the crypto space.

Regulatory Landscape Shifts

Starting June 2024, crypto exchanges in Hong Kong must obtain a virtual asset service provider license, reinforcing consumer protection and ensuring secure cryptocurrency transactions.

Investor Caution Emphasized

The SFC's proactive stance serves as a reminder for investors to conduct thorough research before engaging with crypto platforms, highlighting the importance of heightened regulatory oversight.

Global Ripple Effect

This move aligns with a global trend of financial regulatory authorities tightening control over the crypto market, aiming to prevent fraud and establish a stable framework for the digital asset industry.

#HongKong #sfc #BitCuped #HongKongDAO
SFC cautions against risky "Floki" and "TokenFi" crypto programs, highlighting unregulated investment dangers and urging public vigilance. $FLOKI #tokenfi #sfc https://blockchainreporter.net/sfc-issues-warning-against-high-risk-crypto-staking-programs-floki-and-tokenfi/
SFC cautions against risky "Floki" and "TokenFi" crypto programs, highlighting unregulated investment dangers and urging public vigilance.

$FLOKI #tokenfi #sfc

https://blockchainreporter.net/sfc-issues-warning-against-high-risk-crypto-staking-programs-floki-and-tokenfi/