Hong Kong Financial Watchdog to “Keep a Close Watch” on ICOs and Cryptos

2018-6-27 20:59

The SFC in Hong Kong published a report in which it revealed that it is monitoring the market and looking out for ICOs and exchanges that would require some regulatory oversight.

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Hong Kong Securities Controller Guarantees to Keep ‘Close Watch’ on Crypto Sector

Hong Kong’s Securities and Futures Commission (SFC) says in their 2017-2018 annual report released today, June 27, that they will “keep a close watch” on crypto and Initial Coin Offerings (ICO). The SFC notes that since new technologies “come with risks,” they will be looking closely at crypto and ICOs and “intervening when appropriate.” The

2018-6-27 20:31