TechFlow, December 16 — According to the official website, the Hong Kong Securities and Futures Commission announced it has added "Hong Kong Stablecoin Exchange" to its warning list of suspected virtual asset trading platforms. The SFC stated that the entity claims to operate a virtual asset trading platform and is suspected of conducting unlicensed activities or engaging in virtual asset-related fraudulent activities. The entity also falsely claimed to be jointly established by the three major Hong Kong exchanges — HKEX, SEHK, and HKFE — when in fact it has no connection with any of them.
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