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SFC


Hong Kong’s securities regulator has taken a skeptical tone on investments related to initial coin offerings (ICOs). In a speech at an investment industry function on Friday, Julia Leung, deputy head of the Hong Kong Securities and Futures Commission (SFC) once more cautioned the public over fundraising activities associated with the technology. “While we acknowledge …

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Hong Kong authorities have launched a campaign to educate the public on the risks associated with ICO and cryptocurrency investment. Kicking off yesterday, the campaign started on Jan. 29 and was launched by the government’s Financial Services and the Treasury Bureau (FSTB) and the Investor Education Centre (IEC), a subsidiary of the Securities and Futures Commission …

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