The regulator said Aurum claims Hong Kong registration and offers virtual asset, futures and derivatives trading, but is not licensed and is suspected of unlicensed activities.
Hong Kong’s Securities and Futures Commission (SFC, the city’s markets regulator) has added Aurum/Aurum Foundation to its suspicious virtual asset trading platform list. The watchdog said the company claims to be registered in Hong Kong under the Companies Ordinance and offers virtual asset, futures contract and derivatives trading on its website. The SFC said Aurum is not licensed by the regulator and is suspected of carrying out unlicensed activities, a designation that can serve as a warning to investors assessing whether a platform is operating within Hong Kong’s regulatory framework.