Hong Kong Police have instructed telecom providers to block user access to JPEX exchange in a $116 million fraud allegation.
Hong Kong Chief Executive John Lee Ka-chiu spoke of legislative changes to prevent a repeat of the scandal.
JPEX crypto exchange has responded to SFC’s warning by shutting down some of its operations.
Hong Kong’s SFC has granted crypto bank Seba with an approval-in-principle to offer regulated crypto services in the country.
Hong Kong's SFC warns unregulated crypto firms in the country, terming their operations illegal and a hindrance to its mandate.
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