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What is Finance (Is Finance a Legitimate Platform)?

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What is Finance?We know that the digital asset industry has developed rapidly in

What is Finance (Is Finance a Legitimate Platform)?

What is Finance?

We know that the digital asset industry has developed rapidly in the past few years, from early participants in the blockchain industry to later cryptocurrency exchanges, all exploring a new type of investment. For most investors, the most direct way to invest in mainstream cryptocurrencies like Bitcoin is through trading platforms to buy, sell, and exchange digital assets or other virtual assets. As time goes on, more and more traditional financial institutions are joining in, constantly entering and evolving in this market, allowing more people to get involved in this field, thereby promoting the prosperity and development of the entire market. Therefore, we need to create a revolutionary technological product – the so-called “golden age” to ensure that users can enjoy competitively priced services.

Is Finance a Legitimate Platform?

According to reports, based on a document from the China Judgments Online website, the Hong Kong Monetary Authority recently requested its subsidiary companies to “suspend all activities related to blockchain.” In response, the “Singapore Coin Digital Currency Exchange” (referred to as Singapore Coin) has ceased its services on October 25, 2020.” The statement also pointed out that the above notice did not specifically mention any activities or behaviors related to ICO fundraising, nor did it mention the so-called “token sales.” Even warnings about risks to investors were lacking.

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