Hong Kong’s Securities and Futures Commission (SFC) classed cryptocurrency exchange Bybit among its list of “suspicious virtual asset trading platforms” and identified 11 products Bybit offers as suspicious.
Hong Kong’s financial regulator added crypto exchange Bybit to its list of “suspicious” trading platforms and warned the public about the risks associated with 11 Bybit products. The SFC included Bybit despite the company’s local entity, Spark Fintech Limited, submitting a crypto exchange license application earlier in the year.
11 Bybit Products Identified as Suspicious
Hong Kong’s Securities and Futures Commission (SFC) updated its list of “suspicious virtual asset trading platforms” to include the crypto exchange Bybit. On Thursday, the financial regulator added Bybit to its list of suspicious crypto exchanges and placed 11 of the exchange’s products on its.
The SFC included Bybit Futures Contracts and Inverse Futures Contracts, Bybit O
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