Hong Kong SFC expands violations list adding MEXC for unlicensed operations
Summary
The Hong Kong Securities and Futures Commission issued a public warning about MEXC's unlicensed operations, adding the platform to the list of suspicious virtual asset trading platforms. MEXC's activities violated local laws, and the regulator may pursue regulatory action if necessary. The SFC cautioned crypto investors against trading on unregistered platforms, emphasizing the risk of potential investment loss. Unregistered entities in Hong Kong must close their businesses by the end of May.
