Hong Kong Securities Regulator Issues Warning Against Unlicensed Crypto Platform Bybit

The Hong Kong securities regulator has labelled the crypto platform Bybit an unlicensed virtual asset trading platform (VATP). The regulator has also added Bybit’s products to its alert list of suspicious investment products. The Hong Kong regulator also advised the public to stop patronizing unlicensed entities. Regulator Threatens Enforcement Action The Hong Kong Securities and [...]

The post Hong Kong Securities Regulator Issues Warning Against Unlicensed Crypto Platform Bybit appeared first on Crypto Breaking News.

View Details

Hong Kong Brokers Seek SFC Clearance Before Virtual Asset Trading Law

Regional brokers and investment managers have sought licensing guidance ahead of new regulations. Retail investors may trade digital assets with high market capitalization and liquidity. Digital asset trading is confined to experienced investors and traders with at least $1 million in bankable assets. (Read More)

View Details

Crypto.com Denies Allegations of Misleading Trading Practices, Faces Regulatory Scrutiny Over Proprietary Trading Concerns

According to insider sources cited by The Financial Times, Crypto.com, the Singapore-based cryptocurrency exchange platform, allegedly operates an in-house trading and market-making team whose primary objective is to generate profits rather than facilitate trading. (Read More)

View Details

4 more virtual asset trading platforms licensed in Hong Kong

Cryptocurrency traders in Hong Kong now have a choice of seven platforms for buying and selling four cryptocurrencies.

View Details

Hong Kong's SFC Warns of Improper Practices by Unlicensed Virtual Asset Trading Platforms

The Hong Kong Securities and Futures Commission (SFC) has warned against unlicensed virtual asset trading platforms (VATPs) engaging in improper practices, including false licensing claims and non-compliance with regulations. (Read More)

View Details