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Hong Kong SFC orders crypto platforms, online brokers to phase out OTP logins

Covered by 4 sources · 4 articles

4 outlets - including Cryptopress, Cryptoadventure and Coinedition and 1 more - are covering this story. Hong Kong’s Securities and Futures Commission ordered licensed crypto platforms and internet brokers to stop using one-time passwords for customer login and device binding, giving firms up to 12 months to move to phishing-resistant authenti…

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Hong Kong SFC Orders Crypto Platforms To Drop OTP Logins
Cryptopress Jul 10, 10:23 UTC

Hong Kong SFC Orders Crypto Platforms To Drop OTP Logins

Hong Kong’s Securities and Futures Commission ordered licensed crypto platforms and internet brokers to stop using one-time passwords for customer login and device binding, giving firms up to 12 months to move to phishing-resistant authenti…

Hong Kong SFC Orders Crypto Platforms To Drop OTP Logins
Crypto Adventure Jul 10, 09:38 UTC

Hong Kong SFC Orders Crypto Platforms To Drop OTP Logins

Hong Kong’s Securities and Futures Commission ordered licensed crypto platforms and internet brokers to stop using one-time passwords for customer login and device binding, giving firms up to 12 months to move to phishing-resistant authenti…

CoinEdition Jul 9, 14:39 UTC

Hong Kong SFC Phases Out OTP Logins for Crypto Platforms

Hong Kong’s market regulator has moved against rising account impersonation risks, ordering internet brokerages and licensed virtual asset platforms to strengthen customer authentication. The Securities and Futures Commission (SFC) said the…

Hong Kong SFC orders crypto platforms, online brokers to phase out OTP logins
The Block Jul 9, 14:01 UTC

Hong Kong SFC orders crypto platforms, online brokers to phase out OTP logins

Hong Kong SFC orders internet brokers, crypto platforms to replace OTP logins with passkeys within 12 months following 57% spoofing surge.