The Hong Kong Monetary Authority (HKMA) has alerted the public to the emergence of imitation stablecoin tokens, branded as “HKDAP” and “HSBC,” which are circulating without any official endorsement. These tokens lack approval from recognized institutions, prompting a warning to investors about the possibility of deceptive practices.
Continue Reading:Hong Kong Issues Caution on Dubious Stablecoin Tokens
Source: https://en.bitcoinhaber.net/hong-kong-issues-caution-on-dubious-stablecoin-tokens