February 09, 2018 BY Valentina Kirilova

Hong Kong SFC warns of cryptocurrency risks

The Securities and Futures Commission (SFC) once again alerts investors to the potential risks of dealing with cryptocurrency exchanges and investing in initial coin offerings (ICOs). Following a statement on ICOs released on 5 September 2017, the SFC has taken regulatory action against a number of cryptocurrency exchanges and issuers of ICOs. The SFC has…

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