HONG KONG'S MARKETS REGULATOR ISSUES WARNING AGAINST CRYPTO EXCHANGE BYBIT

Summary from the TLDR Crypto newsletter

Hong Kong's Securities and Futures Commission (SFC) has added crypto exchange Bybit, along with 11 of its products, to its list of suspicious investments. The SFC warned that Bybit is unlicensed and investors risk losing their entire investments on the platform. The move is part of Hong Kong's efforts to balance investor protection with its aim to portray itself as a global crypto hub.