SecurityCointelegraphabout 2 hours ago
Hong Kong orders anti-phishing crypto measures
1 min read
Hong Kong's Securities and Futures Commission ordered crypto platforms and online brokers to implement phishing-resistant login requirements within 12 months. The rules ban one-time passwords via SMS, email, or apps and require passkeys or hardware security keys. Phishing and social engineering scams caused $306 million of the industry's $482 million in Q1 2026 losses.
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