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SFC Lists Hong Kong Stablecoin Exchange as Suspicious Virtual Asset Trading Platform
2025-12-16 15:54:26
The Securities and Futures Commission (SFC) listed the Hong Kong Stable Exchange/ Hong Kong Stablecoin Exchange (HSEX) as a suspicious virtual asset trading platform.

The entity purported to be a virtual asset trading platform is suspected of conducting unlicensed activities and engaging in virtual asset-related fraudulent activities.

HSEX falsely claims to be a platform jointly established by the HKEX (00388.HK), the Stock Exchange of Hong Kong Limited, and Hong Kong Futures Exchange Limited.
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