Unlicensed Trading of Security Token Declared as Criminal Offence in Hong Kong

Unlicensed Trading of Security Token Declared as Criminal Offence in Hong Kong

A declaration has been made in a statement by the Hong Kong’s Securities and Futures Commission (SFC) that the unlicensed trading of security token is a criminal offence. The Hong Kong SFC then have made it clear that any person which is intended to distributes or operating Security Tokens related business in the country need to have their license or registered.

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