This is the second warning the SFC has issued against MEXC. Regulators in Korea, Japan, India and Germany have also warned against MEXC.
Report says scam losses in Q4 2023 almost halved compared to the same quarter in 2022, largely due to a sharp decline in investment scams.
A former CCB Asia sales executive was charged for taking bribes to expedite the account opening process for six clients.
Hong Kong is reportedly considering whether to still keep local markets closed during the most severe weather events to help smaller firms continue operations.
The Proportionality Framework sets out how the RBNZ will categorise deposit takers for the purposes of developing standards.
Phase 2 will focus on programmability, tokenisation and atomic settlement, leveraging the ‘Project Ensemble’ sandbox.
ASX is targeting Q1 2026 for implementation of the first stage of the new CHESS system, and 2028 or 2029 for the second stage.
The warning refers to the Seychelles company Bybit Fintech Limited, and not the HK-incorporated Spark Fintech Limited, which has applied for an SFC licence.
APRA has removed the A$500mn capital add-on it imposed on NAB in 2019 to reflect higher operational risk identified in its risk governance self-assessment.
The HKMA will use the sandbox to communicate supervisory expectations and guidance on the issuance of fiat-referenced stablecoins in Hong Kong.