Hong Kong authorities launched a campaign to educate the public about the risks associated with ICO and crypt money investment. The campaign, which entered into force yesterday, was initiated by the Investor Training Center (IEC), a subsidiary of the Financial Services and Treasury Bureau (FSTB) and the Securities and Futures Commission (SFC).
The campaign aims to reach citizens through a number of channels including the city’s metro system, TV and social media. The government-led campaign is expected to give the public a holistic understanding of ICO and crypto money investment.
Joseph Chan, secretary of the Financial Services and Treasury Bureau (FSTB), said in a statement:
Through these series of public education initiatives, the government aims to provide accurate and comprehensive information about the ICOs and crypto money. Thus, it is aimed that the public can evaluate the risks in a comprehensive way before giving investment decisions.
In fact, through such initiatives, public awareness raises real and productive investments. By means of efficient investments, people’s trust and confidence in the crypto money market increases. This increase can also help the crypto money market to be affected positively and grow.