Hong Kong SFC Gives Crypto Platforms 1 Year to Ditch SMS OTPs
The Hong Kong SFC is forcing licensed exchanges to replace one-time passwords with cryptographic 2FA, and the liability shift is the part exchanges are reading closely.
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The Hong Kong SFC is forcing licensed exchanges to replace one-time passwords with cryptographic 2FA, and the liability shift is the part exchanges are reading closely.
The world's largest exchange by volume won't be able to onboard new EU users from July 1, and existing customers in Poland, Italy, Spain and France have been told to withdraw their funds.