Hong Kong Forms Special Team to Monitor Cryptocurrency Platforms

Hong Kong has established a new team to monitor cryptocurrency trading platforms in the region.

According to the statement made by the Hong Kong Securities and Futures Commission (SFC), SFC executives made a new decision after their meeting with the Hong Kong police on September 28. working group decided to establish.

The aim of the team is to establish a relationship between SFC and law enforcement teams. regarding suspicious activities on cryptocurrency trading platforms will facilitate the exchange of information.

The team also questionable platforms Establishing a mechanism to determine what risks these platforms carry and conducting investigations regarding these platforms to cooperate will provide.

Authorities in Hong Kong took action against JPEX, a trading platform, last month and thousands of victims on the complaint so far 20 people arrested.

Eve Chung, one of the police officials in Hong Kong, said the following about the new team established:

This new platform established between the Police and the SFC is more resistant to the challenges arising from virtual asset trading platforms. fast collaboration It will be beneficial for.

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