In stern development regarding the security of Hong Kong cryptocurrency assets, the Securities and Futures Commission (SFC) marked 33 up-to-date suspicious websites falsely claiming that they are associated with Hashkey, a licensed platform for cryptocurrency trading in the region.
This announcement Increases the number of Haszkey subllays submitted to 45. According to SFC, these false platforms used diminutive changes in the official connections related to Haszkey, trying to deceive potential investors.
Haszkey reaction and escalation of fears on the cryptographic market in Hong Kong
Haszkey, one of the few, approved by SFC, to exchange cryptography, quickly separated from these dishonest entities. In the official statement, the stock exchange emphasized that it had no relationship with impersonation platforms, strengthening the need to verify links and be careful. Statement To read:
To mislead customers, unfair websites will appear under different domain names or with diminutive modifications or variants of the official address of the Haszkey Exchange website www.hashey.com by adding combinations of letters, numbers or symbols. Hashkey Exchange declares that it is not related to the above -mentioned dishonest websites. Sites are not related to Hashkey Exchange or its associated entities. Therefore, we will not accept responsibility in any cases regarding websites.
In particular, in the last three years SFC actively monitors the cryptocurrency market in Hong Kong, identifying at least 91 suspicious commercial platforms.
This problem is part of a wider regulatory challenge, which the Hong Kong authorities faced as the local cryptographic market matches. The situation resembles the recent fall of JPEX, a digital currency platform accused of acting without a license and cheats around $ 1,3 billion in the amount of $ 1.3 billion Hong Kong (about $ 166 million).
The weight of the scandal consequences emphasized the importance of “rigorous supervision” and quick actions against unlimited operators.
HONGKONG issues up-to-date operational licenses
Meanwhile, Hong Kong is still expanding its regulated cryptographic ecosystem, introducing up-to-date operational licenses for digital asset platforms.
At the beginning of this week, SFC announced the approval of two additional exchanges based on Hong Kong-Panthertrade and Yax-in the total number of licensed platforms by two, because the regulator initiated his licensing program in 2024.
Publicly available provisions from the Hong Kong government confirm that these newly licensed platforms are registered under the regulation of counteracting money laundering and financing of terrorist counteracting (AMLO), which serves as the regulatory framework of trade platforms of digital assets in the region.
Since the introduction of this regulatory agent in 2020, 10 cryptographic exchanges have received formal registrations, enabling them to be legal in Hong Kong.
A distinguished picture created from DALL-E, chart from TradingView
