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Just saw the warning issued by the Hong Kong Monetary Authority, indicating that fake HKDAP and HSBC tokens are circulating in the market, claiming to be related to licensed stablecoin issuers, but they are actually scams.
Hong Kong HSBC and Dingdian Financial Technology have clarified that they have not issued any regulated stablecoins.
Be really careful with these fake tokens, don’t get scammed.
When buying stablecoins, always go through official channels, and if in doubt, check official announcements directly.
Don’t believe what’s said in the market lightly.