Hong Kong Securities Regulatory Commission responds to counterfeit money security SMS fraud case: no hesitation in taking action against any violations, but does not comment on individual cases

Odaily Planet Daily News: Recently, there have been multiple cases of counterfeit currency security SMS fraud in Hong Kong. The Hong Kong Securities and Futures Commission responded that according to the Securities and Futures Ordinance and the Anti Money Laundering and Counter Terrorist Financing Ordinance, it is a crime to operate regulated activities and provide virtual asset services in Hong Kong without a license, and/or actively promote such services to Hong Kong investors in Hong Kong or from outside Hong Kong. The Hong Kong Securities and Futures Commission will not hesitate to take appropriate action against any violations, but will not comment on individual incidents. It reminds investors to only buy and sell virtual assets on virtual asset trading platforms licensed by the Securities and Futures Commission. (Hong Kong Wen Wei Po)