TechFlow News: On February 3, the Securities and Futures Commission (SFC) of Hong Kong announced that it has added the “ADG Platform/Gruid Technology Co., Ltd.” to its warning list of suspected unlicensed virtual asset trading platforms. The SFC noted that this entity claims to operate a platform on its relevant website offering trading services for tokenized real-world assets and stablecoins—services that may constitute “securities”—and is suspected of conducting unlicensed activities.
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