Regulators in Hong Kong have issued a strict warning to exchanges doing business with Chinese customers about trading tokens deemed as securities.In an announcement today, Hong Kongs Securities and Futures Commission SFC said it has sent letters to seven Hong Kong exchanges and firms attempting to fundraise through initial coin offerings ICOs, warning them about the legalities of selling digital tokens with the characteristics of securities. Most of those receiving the letter confirmed compli

Source and More information: Hong Kong Regulators Send Warnings to Non-Compliant Cryptocurrency Exchanges