March 14, 2024 BY Simon Mugo
Hong Kong’s SFC Warns Investors Against ByBit, a Crypto Broker
The regulatory body specifically pointed out various offerings from Bybit, such as futures contracts, options, leveraged tokens, and other cryptocurrency-related services. These offerings have been promoted to Hong Kong's investors without the necessary regulatory approval, which could subject them to considerable financial jeopardy. In Hong Kong, transactions involving crypto-related products are classified as regulated activities…
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