First reported by FX News Group
HK watchdog mandates phishing-resistant authentication methods for online brokers and crypto platform operators
Hong Kong Regulator Mandates New Anti-Phishing Rules for Crypto Firms
From the article
The Hong Kong Securities and Futures Commission (SFC) has issued new rules aimed at reducing account takeovers on virtual asset trading platforms (VATPs) and online brokers. The regulator says platforms in the city must upgrade authentication controls to make logins more resilient to phishing and other social engineering tactics. The SFC requires stronger phishing-resistant authentication [...]
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