“The SFC is concerned that these products have also been offered to Hong Kong investors and wishes to make it clear that no entity in the Bybit group is licensed by or registered with the SFC to conduct any ‘regulated activity’ in Hong Kong,” the SFC said. “Last but not least, the SFC will not hesitate to take enforcement action against unlicensed activities where appropriate.”
Related posts
-
How crypto could save the US from a debt crisis
Crypto could stave off the U.S. debt crisis, according to Former House Speaker Paul Ryan in... -
It’s Morning in America for Crypto
With a decisive electoral sweep of the presidency and... -
Prosecutors Ease Off: Crypto Crimes Lose Spotlight in Manhattan
The U.S. Attorney’s Office in Manhattan will scale back...