Economic

Cryptos rise as Hong Kong regulators apply the brakes

“Alarm bells have been ringing in the cryptocurrency industry in Hong Kong, with the Securities and Futures Commission (SFC) alerting investors to the risks of using cryptocurrency exchanges and investing in initial coin offerings (ICOs) in February and then following it up with regulatory action, when it halted Black Cell Technology Limited’s (Black Cell) ICO in March.”

Source: Cryptos rise as Hong Kong regulators apply the brakes | Asia Times

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