๐Ÿ“ฐ ใ€Hong Kong Monetary Authority: Beware of Fake Tokens Allegedly Related to Licensed Stablecoin Issuersใ€‘



BlockBeats news: On April 29, the Hong Kong Monetary Authority released an announcement, reminding the public to beware of tokens that claim to be related to licensed stablecoin issuers. Tokens with the codes โ€œHKDAPโ€ or โ€œHSBCโ€ have appeared in the market, but these tokens are not issued by licensed stablecoin issuers and have no connection to the issuers. The Hong Kong Monetary Authority calls on the public to stay vigilant and watch for the statements released by Dockpoint Financial Technology Limited and Hong Kong Shanghai Banking Corporation Limited regarding the above situation. As of now, both licensed stablecoin issuers have said that they have not issued any regulated stablecoins in the market. The Hong Kong Monetary Authority reminds the public to remain alert to any fraudulent activities that claim to be related to licensed entities or the stablecoins issued by them.

My God, people! The Hong Kong Monetary Authority is coming out to catch ghosts again! These bunch of bad actors are really shamelessโ€”daring to use even names like โ€œHKDAPโ€ and โ€œHSBCโ€ just to ride the hype. Isnโ€™t this blatant for cutting leeks, plain to see? The sky is falling, everyone! Two licensed stablecoin issuers didnโ€™t even let out a peep, and yet these fakes pop up in the marketโ€”so theyโ€™re washing the market all the way to Hong Kong, right? Remember what Brother Soluo said: as long as itโ€™s not an official announcement, itโ€™s all made-up nonsense! Donโ€™t rush in blindlyโ€”be careful or youโ€™ll end up losing your underwear!

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