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Hong Kong SFC Bans One-Time Passwords For Crypto Platforms To Combat Rising Phishing Threats

Covered by 2 sources · 2 articles

2 outlets - including Cryptoslate and Mpost - are covering this story. The SFC wants phishing-resistant login and device binding by July 8, 2027, while monitoring and response duties apply immediately. The post Hong Kong gives crypto platforms one year to ditch one-time passwords or cover user losses appeared…

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Hong Kong gives crypto platforms one year to ditch one-time passwords or cover user losses
CryptoSlate Jul 10, 16:30 UTC

Hong Kong gives crypto platforms one year to ditch one-time passwords or cover user losses

The SFC wants phishing-resistant login and device binding by July 8, 2027, while monitoring and response duties apply immediately. The post Hong Kong gives crypto platforms one year to ditch one-time passwords or cover user losses appeared…

Hong Kong SFC Bans One-Time Passwords For Crypto Platforms To Combat Rising Phishing Threats
Metaverse Post Jul 9, 12:29 UTC

Hong Kong SFC Bans One-Time Passwords For Crypto Platforms To Combat Rising Phishing Threats

Hong Kong SFC bans OTPs for crypto platforms, mandating stronger authentication to combat phishing scams, and holding senior management accountable. The post Hong Kong SFC Bans One-Time Passwords For Crypto Platforms To Combat Rising Phishi…