The Hong Kong Securities and Futures Commission has added "Hong Kong Stablecoin Exchange" to the list of suspicious virtual asset trading platforms.
ChainCatcher News, the Hong Kong Securities and Futures Commission has announced that the "Hong Kong Stablecoin Exchange" has been added to the list of suspicious virtual asset trading platforms. The SFC stated that this entity claims to operate a virtual asset trading platform and is suspected of conducting unlicensed activities and engaging in virtual asset-related fraudulent activities. The entity also falsely claimed to have been jointly established by the Hong Kong Stock Exchange, the Stock Exchange, and the Futures Exchange, but in fact, it has no connection with any of the three.
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