Tag: #HKMA
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Hong Kong Warns of Fake Tokens Posing as HSBC’s Stablecoin
The HKMA warned the public about fraudulent tokens falsely claiming ties to licensed stablecoin issuers. Tokens using the tickers “HKDAP” and “HSBC” were specifically identified…
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HKMA Warns Crypto Firms Misusing “Bank” Terminology
HKMA warns against crypto firms misusing “bank” terminology, clarifying that only licensed banks can offer banking services in Hong Kong. The Hong Kong Monetary Authority…
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HKMA Joins Brazil and Thailand for Tokenization Trial
HKMA and BCB connect CBDC platforms to ease cross-border transactions. Collaboration enhances trade finance, green finance, and tokenized asset innovation The Hong Kong Monetary Authority…
