Hong Kong’s Securities and Futures Commission warns about risks associated with STOs6

Hong Kong’s Securities and Futures Commission has issued guidance for parties that take part in security token offerings (STOs).

SFC warning reminds investors to be cautious when dealing with digital assets, including security tokens, which have long been viewed as a safer alternative to so-called initial coin offerings. According to SFC, digital assets are at risk of volatility, hacking and fraud—and the regulator warns security tokens are not exempt from those risks.

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