Hong Kong SFC adds "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 it has added the "Hong Kong Stablecoin Exchange" to the list of suspicious virtual asset trading platforms. The Hong Kong SFC stated that this entity claims to operate a virtual asset trading platform suspected of unlicensed activities and involvement in virtual asset-related fraudulent activities. The entity also falsely claims to have been jointly established by "HKEX, SEHK, and HKFE," but in fact, it has no connection with any of the three exchanges.