Hong Kong’s Securities and Futures Commission updated its explanation of a proposal that restricts names combining “crypto” and “trading platform” if they imply a license or affiliation that doesn’t exist. ⚖️🏛️ The proposal is still awaiting legislative approval, so it hasn’t become an effective rule yet. Do you think this step will help reduce user deception? 🔎🤔

Most traded on Binance at the time of observation (14:48 Istanbul, highest 24-hour trading volume): $BTC $ETH $BNB . General market monitoring, with no causal link to the proposal.
#HongKong #CryptoRegulation