Regulation· ★★★· bearish·

Hong Kong SFC adds Vebit to suspicious virtual asset trading platform list

  • Hong Kong SFC flags Vebit as a suspicious virtual asset platform
  • Regulator lists five websites linked to Vebit
  • Vebit offers spot, futures and copy trading without an SFC licence
  • SFC suspects the platform of unlicensed activity
Why it matters: The SFC warning protects Hong Kong investors but highlights the growing number of unlicensed platforms targeting the market.
Source: PANews