Hong Kong Warns of Fake HSBC Tokens Ahead of Stablecoin Launch

Hong Kong’s financial regulator has warned the public that fake tokens using the “HSBC” and “HKDAP” tickers are not linked to approved stablecoin issuers. According to an April 28 report, the Hong Kong Monetary Authority (HKMA) acknowledged that neither Anchorpoint Financial Limited nor The Hongkong and Shanghai Banking Corporation Limited had issued any regulated stablecoin. […] Read The Full Article Hong Kong Warns of Fake HSBC Tokens Ahead of Stablecoin Launch On Coin Edition.