In a recent development, the Hong Kong Securities & Futures Professionals Association has proposed the creation of an Initial Coin Offering (ICO) portal. This suggestion was part of their comments on the city’s 2024-25 budget, aimed at Financial Secretary Paul Chan Mo-po and Deputy Financial Secretary Wong Wai-lun.
Hong Kong Proposes Secure ICO Platform
The proposed ICO portal in Hong Kong is envisioned as a platform for conducting token offerings in compliance with regulatory standards. This initiative emerges in response to the need for a secure environment to minimize the risks associated with fraudulent ICOs. The portal aims to provide a legitimate pathway for projects seeking funding and offer investors a chance to participate in promising blockchain ventures.
ICOs, which became popular following Ethereum’s launch in 2015, faced numerous challenges, including scams and regulatory violations. Previously a bustling center for ICO listings, Hong Kong had to implement strict m
We współpracy z: https://coingape.com/hong-kong-securities-body-proposes-new-ico-portal/
