The Hong Kong Securities and Futures Commission has included "KYC" and "Globiance X/Globiance HK" in the warning list of suspicious virtual asset trading platforms.

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Foresight News reports that the Hong Kong Securities and Futures Commission has announced that “Koying Kele” and “Globiance X Limited / Globiance HK Limited” have been included in the warning list of suspicious virtual asset trading platforms. The Hong Kong SFC stated that “Koying Kele” and “Globiance X/Globiance HK” both promote the operation of virtual asset trading platforms and are suspected of engaging in unlicensed activities. In addition, some investors have reported difficulties in withdrawing assets from “Globiance X/Globiance HK”.

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