- Hong Kong SFC warns against Goldpay Token and Gold Receipt.
- Tokens linked to physical gold without approval.
- Absence on major exchanges and lack of official backing.
The Hong Kong Securities and Futures Commission (SFC) issued a warning on November 20, regarding unapproved investment products linked to gold, named Goldpay Token (GPT) and Gold Receipt (GR).
This warning underscores regulatory scrutiny and potential risks in investing in unapproved digital tokens, as these are not permitted for sale, prompting caution among investors.
SFC Flags Unauthorized Gold-Linked Tokens
The Hong Kong SFC has alerted the public about the unapproved “Goldpay Token (GPT)” and “Gold Receipt (GR)“, both tied to physical gold. These tokens appeared on the SFC’s Alert List on November 12, 2025. Goldpay Token and Gold Receipt remain unauthorized for sale, highlighting the serious nature of the warning. The warning from the SFC emphasizes the need for vigilance among investors considering such products.
No significant market reactions followed the SFC’s announcement, as these tokens lack presence on major exchanges. There have been no public comments from key figures or cryptocurrency leaders regarding these products, further underlining their obscurity within the market.
Did you know? The SFC’s warning on November 12, 2025, is consistent with prior alerts, as the commission similarly cautioned against unapproved digital tokens linked to gold in 2023.
Market Decline and Expert Warnings on Unauthorized Tokens
Did you know? The SFC’s warning on November 12, 2025, is consistent with prior alerts, as the commission similarly cautioned against unapproved digital tokens linked to gold in 2023.
CoinMarketCap data highlights that GPT trades at $0.00 with a market cap of $375,112.47. This represents a 0.00% market dominance. Recent price changes include a 24-hour drop of -18.01% and a 7-day decrease of -27.51%. Trading volume stands at $17,131.16, reflecting a 34.64% change. The token’s extended decline underscores the caution advised by the Hong Kong SFC.
Insights from Coincu research suggest potential future challenges for unauthorized products like GPT and GR. Regulatory scrutiny might intensify, especially with increasing concerns about investment security and the transparent linkage of digital tokens to physical commodities.
| DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
Source: https://coincu.com/news/hong-kong-sfc-warning-gold-tokens/