SFC lists Tokencan, VBIT, HKD.com as scams
Hong Kong’s journey to changing into a crypto hub
In April, Hong Kong permitted the launch of Ethereum and Bitcoin spot exchange-traded funds (ETFs). For context, a spot ETF is an funding fund that instantly owns a commodity. Spot crypto ETFs enable buyers to realize direct publicity to asset value actions and are a major step within the mass adoption of digital property.
Featured picture from NW Flags, chart from Tradingview