Memecoin Floki Inu Responds To SFC Warning: Halts Staking Programs In Hong Kong
Submitted by Anonymous (not verified) on Wed, 01/31/2024 - 07:20In a recent announce
In a recent announce
Hong Kong's Securities and Futures Commission labeled Floki and its staking program a suspicious investment product.
Venture Smart Financial Holdings is also aiming for a spot-bitcoin ETF and is involved in the discussions about the stablecoin sandbox.
The statement from the SFC and HKMA comes as expectations mount the U.S. SEC is on the verge of approving a spot bitcoin ETF.
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