Hong Kong Adds Seven Unlicensed Crypto Exchanges to its Alert List

The Hong Kong Securities and Futures Commission (SFC) has identified seven unauthorized cryptocurrency exchanges and placed them on its Alert list for conducting unauthorized activities in the region without obtaining the required licenses. This public record, also known as the Alert list, has been maintained since January 2020. On July 5, seven unlicensed crypto exchanges were added, bringing the total to 39 entries, with 28 unlicensed crypto exchanges flagged this year alone. The Hong Kong SFC is in charge of the public record that contains all registered, unregistered, and unlicensed crypto exchanges in the region.

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