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15 de nov. de 2025The regulator revealed that some overseas crypto firms are portraying themselves as banks to gain the trust of Hong Kong users. Many of these entities operate without 17 de sept. de 2025The Hong Kong Monetary Authority (HKMA) recently released a warning against the crypto-related companies that identify themselves as “banks” and their products as 15 de sept. de 2025The Hong Kong Monetary Authority (HKMA) wishes to remind members of the public to beware of firms engaged in crypto business purporting to be “banks” or describing their 7 de ago. de 2025The Hong Kong Securities and Futures Commission (SFC) has issued a warning to crypto exchanges, stating that licenses will not be approved for firms that do not adhere to In a move signaling growing concerns over the proliferation of cryptocurrencies and their associated risks, Hong Kong’s financial watchdog has issued a stark warning to digital asset firms operating 15 de sept. de 2025The Hong Kong Monetary Authority warned that some crypto firms are inappropriately using the term bank to describe their service offerings.

Hong Kong Financial Watchdog Issues Warning to Crypto Firms

In a move signaling growing concerns over the proliferation of cryptocurrencies and their associated risks, Hong Kong’s financial watchdog has issued a stark warning to digital asset firms operating. The warning highlights deceptive practices and emphasizes the need for stringent regulatory compliance within the burgeoning crypto sector.

The Hong Kong Securities and Futures Commission (SFC) issued a warning to crypto exchanges on 7 de ago. de 2025, stating that licenses will not be approved for firms that do not adhere to regulations.

The crux of the warning revolves around misleading representations made by some overseas crypto firms. The regulator revealed on 15 de nov. de 2025 that some overseas crypto firms are portraying themselves as banks to gain the trust of Hong Kong users. Many of these entities operate without proper authorization or oversight, posing significant risks to investors.

The Hong Kong Monetary Authority (HKMA) echoed these concerns, releasing a warning on 17 de sept. de 2025 against the crypto-related companies that identify themselves as “banks” and their products. The HKMA wishes to remind members of the public on 15 de sept. de 2025 to beware of firms engaged in crypto business purporting to be “banks” or describing their offerings as such. 15 de sept. de 2025 saw the Hong Kong Monetary Authority warn that some crypto firms are inappropriately using the term bank to describe their service offerings.

This coordinated effort by Hong Kong's financial regulators underscores the commitment to protecting investors and maintaining the integrity of the financial system amidst the rise of cryptocurrencies. Crypto firms operating in or targeting Hong Kong are strongly advised to review their marketing materials and operational practices to ensure compliance with all applicable regulations. Failure to do so could result in penalties, including the denial of operating licenses.

The message is clear: transparency and adherence to regulations are paramount for crypto firms seeking to establish a presence in Hong Kong. The authorities are actively monitoring the sector and will not hesitate to take action against those who engage in deceptive or misleading practices.

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