In a recent announcement responding to regulatory scrutiny, the Floki Inu crypto team “blocked” its staking programs in Hong Kong. This decision follows a warning from the Hong Kong Securities and Futures Commission (SFC), which labeled Floki’s high-yield staking products as “suspicious” and unauthorized. The regulatory body’s action marks a pivotal moment for cryptocurrency, known […]
The Hong Kong Securities and Futures Commission (SFC) has issued a stern warning to the public about two staking products named the “Floki Staking Program” and the “TokenFi Staking Program.” Both staking products, which the financial regulator described as “suspicious,” are affiliated with the Floki protocol. Hong Kong’s SFC Issues Warning About Staking In a […]