Hong Kong Regulator Expands Its List of Irregular Platforms

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The Hong Kong Securities and Futures Commission (SFC) has officially included “Ju.com” in its register of suspected entities engaged in virtual asset trading. According to PANews, the platform claims to offer crypto asset trading services, but the regulator estimates that it is operating without proper authorization.

Implications for Users

These types of measures are crucial to protect investors. The Hong Kong regulator continues to identify and highlight platforms that operate outside regulatory controls. Inclusion on this list warns potential users about the risks of using unregulated trading services.

Regulatory Context

The regulator’s action reflects the tightening of compliance standards in the virtual assets sector. Increasingly, jurisdictions including Hong Kong are strengthening their oversight mechanisms to identify unauthorized operations that could expose investors to fraud or significant losses.

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