Hong Kong’s financial regulator yesterday launched a campaign to make people aware of risks involved in crypto and ICO investments.
The aim is to help the public assess risks before making investments or making transactions, according to Joseph Chan, the undersecretary of the government’s Financial Services and the Treasury Bureau (FSTB). The program was launched by the regulator together with the Investor Education Centre (IEC). However it is a subsidiary of the Securities and Futures Commission (SFC).
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After living in Hong Kong for 4 years I learned there is a large need for this type of campaign there. I hope to see HKG embrace crypto that can lift so many lower income people there.
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