in the possible event of service discontinuance or financial problems that may occur on a continuous or concurrent basis among service providers as has recently been the case for foreign counterparts
after falling victim to scams. The SEC also coordinated with social media platform providers to block accounts suspected of fraudulent investment content. The public should exercise caution and stay
risks and promote the use of digital technology in fundraising; (2) Promoting the Entry of Digital Asset Custodial Wallet Providers: Reviewing the regulations to support digital asset custodial wallet
unlicensed digital asset service providers with the DE. This aims to block access to these platforms, strengthen law enforcement, and prevent scammers from using such platforms to launder unlawfully
(2021), for instance, vulnerability assessment and penetration test; (6) Strengthen the third-party management section by expanding the scope to include service providers or business partners having a
example, equity, debt securities, mutual funds or derivatives. Investors may also use the information set filled in the single form to open more investment accounts with other service providers. Currently
from ICO regulation. Also, providers who service trading utility tokens with similar rights including coins in games or points to redeem for products or services are not regarded as operating digital
. Clause 7 If critical functions are outsourced to service providers, intermediaries shall arrange business continuity plan to covers events of disruption of service providers except where intermediaries
participants from 112 organizations, including securities companies, asset management companies, securities brokers, investment advisors, derivatives operators, crowdfunding platform providers, digital asset