Hong Kong’s leader said Tuesday that the territory will tighten regulation of digital assets after police arrested six people following allegations of fraud at an unlicensed cryptocurrency exchange in the city.The arrests on Monday followed an announcement by Hong Kong’s securities watchdog last week that the exchange, JPEX, was unlicensed and did not have authority to operate its cryptocurrency trading platform in the city. The Securities and F…

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Hong Kong to tighten regulation of cryptocurrencies after arrests linked to JPEX trading platform

HONG KONG (AP) — Hong Kong’s leader said Tuesday that the territory will tighten regulation of digital assets after police arrested six people following allegations of fraud at an unlicensed cryptocurrency exchange in the city. The arrests on Monday followed an announcement by Hong Kong’s securities watchdog last week that the exchange, JPEX, was unlicensed […]

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Hong Kong’s leader has said the territory will tighten regulation of digital assets after police arrested six people following allegations of fraud at an unlicensed cryptocurrency exchange in the city

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Hong Kong to tighten regulation of cryptocurrencies after arrests

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AP Technology Writer HONG KONG (AP) — Hong Kong’s leader has said the territory will tighten regulation of digital assets after police arrested six people following allegations of fraud at an unlicensed cryptocurrency exchange in the city. The arrests followed an announcement by Hong Kong’s securities watchdog last week that the exchange, JPEX, was unlicensed and did not have authority to operate its cryptocurrency trading platform in…

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Hong Kong authorities detained eight individuals in connection with the cryptocurrency platform JPEX on charges of conspiracy to defraud.

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Crypto Fraudsters Arrested In Hong Kong, Over A Billion Dollars In Assets Frozen

HONG KONG (AP) -- Hong Kong's leader said Tuesday that the territory will tighten regulation of digital assets after police arrested six people following allegations of fraud at an unlicensed cryptocurrency exchange in the city.

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HONG KONG (AP) — Hong Kong’s leader said Tuesday that the territory will scrutinize the regulation of digital assets after police arrested eight people over allegations of fraud at an unlicensed cryptocurrency exchange that impacted more than 1,600 i

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Hong Kong to scrutinize cryptocurrency regulation after arrests linked to JPEX exchange

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HONG KONG (AP) — Hong Kong’s leader said Tuesday that the territory will tighten regulation of digital assets after police arrested six people following allegations of fraud at an unlicensed cryptocurrency exchange in the city. The arrests on Monday followed an announcement by Hong Kong’s securities watchdog last week that the exchange, JPEX, was unlicensed and did not have authority to operate its cryptocurrency trading platform in the city. Th…

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Hong Kong police on Monday arrested six people connected to cryptocurrency trading platform JPEX. Police reportedly told press they had received 1,480 fraud complaints against JPEX, and the related investigation so far totalled around $HKD 1 billion ($128 million) JPEX was reportedly operating in Hong Kong without a license.

Hong Kong to tighten regulation of cryptocurrencies after arrests linked to JPEX trading platform

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