CoinVoice has recently learned from the Hong Kong Economic Journal that the CEO of the Hong Kong Securities and Futures Commission, Leung Fung-yee, stated that the recent stock price fluctuations related to the concept of stablecoins highlight the need for investors to clearly understand the risks involved in their investments and the potential financial losses that may arise.

In addition to conducting in-depth analysis independently, investors should also remain vigilant against the illusion of enticing returns brought about by short-term price fluctuations, and exercise caution regarding unverified claims, especially those appearing on social media.

The Hong Kong Securities and Futures Commission will continue to closely monitor market activities and will not hesitate to take strong actions to maintain market integrity and stability and to protect investors from unnecessary risks. [Original link]