By AMB Crypto - 2 years ago - Reading Time: 1 minutes
Hong Kong Securities Commission issues warning against unauthorized tokens
The Hong Kong Securities and Futures Commission (SFC) issued a warning regarding the “collective investment scheme”(CIS) on 30 August. CIS includes digital tokens and initial coin offerings (ICO), not authorized under the Securities and Futures Ordinance (SFO). As per the official statement, “A CIS may not be offered to the public in Hong Kong without […]Original source: AMB Crypto