HKMA Flags Fraudulent Tokens Claiming Ties to Licensed Stablecoin Issuers
Summary
Fake "HKDAP" and "HSBC" tokens are circulating in Hong Kong, days after the HKMA granted its first stablecoin licences yet neither issuer has launched.
Description
Fake "HKDAP" and "HSBC" tokens are circulating in Hong Kong, days after the HKMA granted its first stablecoin licences yet neither issuer has launched.
Original reporting
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