Statement on Security Token Offerings Published by Hong Kong’s SFC

Hong Kong’s Securities and Futures Commission (SFC) issued a Statement on Security Token Offerings on 28 March 2019, reminding market participants of the regulatory requirements applicable to security token offerings, generally known as STOs. The statement also reiterates the SFC’s earlier warnings to the public of the potential risks involved in investing in digital assets such as initial coin offering (ICO) tokens and security tokens.  Read More…