#Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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🇭🇰Hong Kong's Securities and Futures Commission has warned unlicensed #crypto firms that continued operation past the regulatory deadline may result in enforcement actions.
The SFC emphasizes the importance of compliance for maintaining market integrity and investor protection. Companies that missed the licensing deadline face potential penalties, reflecting Hong Kong's strict stance on cryptocurrency regulations.