Hong Kong SFC Mandates Stronger Anti-Phishing Measures for Crypto Platforms

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Hong Kong's SFC has issued new rules for virtual asset trading platforms and online brokers, requiring phishing-resistant authentication like passkeys and hardware keys, and banning SMS/email OTPs.
The move aims to bolster cybersecurity amid rising crypto scams.

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Hong Kong's SFC has issued new rules for virtual asset trading platforms and online brokers, requiring phishing-resistant authentication like passkeys and hardware keys, and banning SMS/email OTPs. The move aims to bolster cybersecurity amid rising crypto scams.

Read the full article on Cointelegraph

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