![Floki Team Responds to Hong Kong Regulator Warning New York Stock Exchange with banner flagging ProShares Bitcoin Strategy ETF on the day it started trading.](https://btcusa.com/wp-content/uploads/2024/01/Floki-Team-Responds-to-Hong-Kong-Regulator-Warning-678x381.jpg)
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To address regulatory concerns in Hong Kong, the Floki team said that they have implemented measures, including warning notices, blocking Hong Kong users from their staking programs, and pausing their offline marketing campaign in the region, ensuring no Hong Kong users have joined the program to date. Staking refers to locking cryptocurrencies in a blockchain network in return for rewards.
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