Strict new authentication rules for Hong Kong crypto platforms! What changes for investors?
Covered by 2 sources · 2 articles
2 outlets - including Crypto and Coin-turk - are covering this story. The Hong Kong Securities and Futures Commission has ordered licensed crypto trading platforms and online brokers to replace SMS-based authentication with phishing-resistant login methods within the next 12 months. According to the Hong Kong…
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Hong Kong SFC forces crypto platforms to ditch SMS authentication
The Hong Kong Securities and Futures Commission has ordered licensed crypto trading platforms and online brokers to replace SMS-based authentication with phishing-resistant login methods within the next 12 months. According to the Hong Kong…
Strict new authentication rules for Hong Kong crypto platforms! What changes for investors?
🚨 Hong Kong bans SMS and app-based one-time codes for crypto accounts! ⚡ New SFC rules now require hardware-based authentication to shield investors in $ETH and beyond. 🛡️ Losses from phishing attacks hit $366 million in the first half of…