#SFC — Zipp

Hong Kong SFC Gives Crypto Platforms 1 Year to Ditch SMS OTPs

2h ago

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.

CryptoSlate

Hong Kong SFC Orders Crypto Platforms to Phase Out OTP Logins

🩸BEARISH

1d ago

Hong Kong SFC Orders Crypto Platforms to Phase Out OTP Logins

The 12-month deadline lands as spoofing attacks climb at Hong Kong-licensed platforms; the move redefines the authentication baseline every retail-facing venue must meet.

TheBlock

SFC, FSTB Conclude Consultation on Virtual Asset Licensing

🔥BULLISH

45d ago

SFC, FSTB Conclude Consultation on Virtual Asset Licensing

The framework mirrors securities oversight under the "same business, same risks, same rules" doctrine — completing the final leg of Hong Kong's digital asset regime before a 2026 legislative push.

TheBlock