Hong Kong Regulator Flags Floki Protocol’s Staking Products As ‘Suspicious’ | Bitcoinist.com

Categories
Crypto News, Floki, Floki Inu, FLOKIUSDT, hong kong, Hong Kong SFC, Securities and Futures Commission SFC

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 […]

Hong Kong Police Forms New Work Group To Fight Against Illegal Trading Activities | Bitcoinist.com

Categories
crypto exchanges, Hong Kong Police, Illegal Trading, JPEX, Legislation, Securities and Futures Commission SFC

Hong Kong’s Securities and Futures Commission (SFC) has allied with the Police to establish a group to monitor and investigate crypto exchange-related crimes. This development comes amid scandals involving the Dubai-based JPEX exchange, a leading Hong Kong crypto industry player. The SFC revealed its latest move in an October 4 announcement, noting that it formed […]