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HKMA Urges Vigilance Over Tokens Purported to Be Associated with Licensed Stablecoin Issuers
Recommend 16 Positive 28 Negative 10 |
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The Hong Kong Monetary Authority (HKMA) wished to alert the public to press releases issued by Anchorpoint Financial and HSBC respectively, relating to tokens purported to be associated with licensed stablecoin issuers. Tokens with tickers "HKDAP" or "HSBC" have been launched, but they are not issued by or otherwise associated with licensed stablecoin issuers. As of this moment, both licensed stablecoin issuers have confirmed that they have not issued any regulated stablecoins in the market. Members of the public should stay vigilant against fraudulent activities or scams that are purported to be associated with the licensees or their stablecoin issuance. Auto-translated by AI AASTOCKS Financial News |
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