CoinVoice has recently learned that, according to Jinshi Data reports, Yip Zhi Heng, Executive Director of the Intermediaries Division of the Hong Kong Securities and Futures Commission, stated that some companies have been raising stock prices under the pretext of applying for stablecoin licenses. Investors should remain rational and be vigilant against related scams.

He revealed that in the first half of this year, 265 complaints regarding virtual asset transactions were received, mainly involving overseas scams, platform infringements, or frozen funds, and warned about the risks of trading on unlicensed platforms. [Original link]