The Era of Passkeys Arrives: SFC Orders Trading Platforms to Stop Using OTP, Hardware Security Keys Become a Major Alternative

Amid rampant online fraud, the Hong Kong Securities and Futures Commission (SFC) issued Circular 26EC35 on 9 July 2026. It requires internet brokers and licensed virtual asset trading platforms to stop using one-time passwords (OTP) for client login and device Continue reading The Era of Passkeys Arrives: SFC Orders Trading Platforms to Stop Using OTP, Hardware Security Keys Become a Major Alternative