Summary
The Securities and Futures Commission (SFC) in Hong Kong is warning investors that Bybit, a cryptocurrency exchange platform, is not licensed to conduct regulated activities in Hong Kong. The SFC is prepared to take enforcement action against unlicensed activities.
Key Points
1. Bybit group products have been offered to Hong Kong investors without proper licensing or registration with the SFC.
2. The SFC will not hesitate to take enforcement action against unlicensed activities in Hong Kong.
3. No entity in the Bybit group is authorized to conduct regulated activities in Hong Kong.