Floki announces proactive steps to address concerns raised by Hong Kong regulator
Hong Kong’s Securities and Futures Commission (SFC) has raised concerns about the high annualized percentage yield (APY) offered by Floki’s staking program, prompting the project’s team to take immediate action. Regulatory mitigation efforts underway The team behind the meme-based cryptocurrency project, Floki, has announced its proactive steps to address concerns raised by the Securities and…