Hong Kong Monetary Authority: Beware of tokens claiming to be associated with licensed stablecoin issuers
By: www.chaincatcher.com|2026/04/29 02:42:01
0
Share
Prefer us on Google
The Hong Kong Monetary Authority has issued a notice urging the public to remain vigilant and pay attention to the press releases issued by Anchor Point Financial Technology Limited and HSBC Hong Kong, which involve tokens claiming to be related to licensed stablecoin issuers.
Tokens using "HKDAP" or "HSBC" as codes have appeared in the market, but these tokens are not issued by licensed stablecoin issuers and have no relation to the issuers. So far, both licensed stablecoin issuers have stated that they have not issued any regulated stablecoins in the market. The public should be alert to any fraudulent activities or scams claiming to be related to the licensees or the stablecoins they issue. If in doubt, the public should refer to the official announcements of the two licensees. The public should also purchase or use stablecoins through regulated channels.
-- Price
--
--
--
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like
Payment giant MoneyGram becomes the core validation node for Tempo's cross-border remittance, jointly building a stablecoin cross-border payment network
According to PR Newswire, global payment giant MoneyGram announced a strategic partnership with Layer 1 blockchain Tempo to become its core validation node for cross-border remittances (Anchor Remittance Validator) and participate in network transaction validation.The three parties will jointly buil...
Hong Kong licensing, stablecoin landscape changes: Who is reshaping the next generation of the financial landscape?
Take the lead in exploring a more institutionalized, verifiable, and implementable development path for non-U.S. dollar stablecoins.
Stablecoin License Battle Concludes: Anxiety-Ridden Hong Kong, Will Not Wait for the Next Tether
Hong Kong is trying too hard to prove itself.
Anchor Point Financial Technology plans to launch the regulated Hong Kong dollar stablecoin HKDAP in phases in Q2
Animoca Brands announced on the X platform that the joint venture Fintech Anchor, co-founded by Standard Chartered Bank, HKT, and Animoca Brands, will gradually promote the regulated Hong Kong dollar-backed stablecoin HKDAP (HKD At Par) starting in the second quarter of this year.Its Group President...
Coinbase says three areas will dominate the crypto market in 2026
Key Takeaways: Coinbase Institutional emphasizes the shift from traditional boom-and-bust cycles to more structural forces in crypto markets,…
Stablecoin Reserves Concentrated in Treasury Bills Under 93 Days
Stablecoin reserves are increasing demand for U.S. Treasury securities, but the effect is concentrated in short-term instruments. The structure of accumulating reserves focuses on Treasury bills with a remaining maturity of 93 days or less and cash-like assets.
USDC on Chelsea's Jersey: What the Deal Says About Crypto in Sports
Polymarket Expands to 20 Leagues, Facing Regulatory Conflicts
Polymarket is expanding its partnerships with major U.S. sports leagues and data providers, leading to increased regulatory conflicts surrounding the sports prediction market. The leagues emphasize fan engagement and the use of official data.
ETH: Anatomy of a Scarcity
Exchange reserves at a low, 42 million ETH staked, saturated entry queue: what Ethereum's scarcity really says, and what it doesn't.
Wall Street's favorite Bitcoin broker just walked away from institutional trading to chase gigawatts of power
The BitGo NYDIG deal puts a $42.5 million acquisition against NYDIG’s 3+ GW infrastructure push, with margins still unproven.
SHAKA Festival 2026: In Biarritz, French tech swaps conference halls for the beach
Neocloud Security Deep Dive Report: Alarming Infrastructure Configuration Errors, Cross-Tenant RCE Could Impact Banks, Telecoms, and Even National Intelligence Agencies
The Black Triangle on Crypto Exchanges: Why a Cryptocurrency Seller May Become a Suspect
The black triangle on crypto exchanges has become one of the most dangerous schemes for participants in peer-to-peer trading: a good-faith seller receives money from one person, transfers digital assets to another, and then risks facing account freezes, lawsuits, and criminal prosecution. The market...
G20 in Asheville: The USA summons the world's financiers to discuss growth and sanctions against Iran
G20 finance meeting in Asheville on August 31 and September 1: Washington aims to revive growth and force its partners to implement sanctions against Iran.
Uzbekistan Confirms Purchase of J-10CE Fighter Jet, Challenging Russian Military Dominance in Central Asia
Uzbekistan has confirmed its status as the second foreign buyer of the Chinese J-10CE fighter jet after showcasing at least six units during its independence celebrations, signaling Beijing's advance into a military market historically dominated by Russia.
Caterpillar invests $100 million to train employees in AI
Grupo SBF Renews Contract with Nike Until 2034: What Changes in Risk
Kraken Cryptocurrency Exchange Hit by 12,000 Microtransactions from HTX-Linked Wallets, Triggering Automatic Account Freezes
BTC Only 1.5% Monetized, Expanding Native Financial Experiments
The discussion around monetizing Bitcoin (BTC) holdings is shifting from centralized lending to on-chain finance. However, BTC itself lacks a fundamental staking yield structure like Ethereum (ETH), leading to different trust assumptions for wrapped assets, Layer 2, and staking protocols.
Bitcoin: BTC Miners Could Derive 70% of Their Revenue from AI by Late 2026
CoinShares aimed for 70% AI revenue for Bitcoin miners by late 2026. In Q2, Core Scientific and TeraWulf have already crossed the threshold. Analysis.
Buying Cryptocurrencies in Brazil: A Guide Explaining Rules, Risks, and Best Practices
After Their AI Models Hacked Real Companies, AI Labs Call for Stronger Cyber Defenses
Upadacitinib Shows Promising Results Against Severe Alopecia Areata
The oral medication upadacitinib, approved for various forms of arthritis, showed positive results in phase 3 trials against severe alopecia areata. However, its use for this condition is still under regulatory review and is not approved for that indication.
Bitcoin on the Path to $11 Million... "The Power Law Will Break in 2036"
OpenAI Cuts SpaceX's Access to Its AI: What's at Stake
Yen Decline May Force Liquidations and Shake Global Markets
Kalshi ruling puts CFTC prediction rules at risk
Stablecoin card spending crosses $10.9B
When do you pay taxes on crypto? Here's how box 3 works for you
Crypto is taxed in the Netherlands under box 3. You pay taxes on the value of your crypto at one fixed moment in the year: the reference date. If the market drops afterwards, you still pay. How can you avoid an expensive surprise? When do you pay taxes on crypto in box 3? You pay taxes on crypto… Re...
Falcon-1024 Identified as Candidate for Bitcoin's Next Signature Scheme
The discussion surrounding Bitcoin (BTC) and its response to quantum computers is shifting from the selection of signature algorithms to issues concerning wallet and node infrastructure design. The key consideration is not just stronger mathematical structures, but the costs and deployment condition...
Payment giant MoneyGram becomes the core validation node for Tempo's cross-border remittance, jointly building a stablecoin cross-border payment network
According to PR Newswire, global payment giant MoneyGram announced a strategic partnership with Layer 1 blockchain Tempo to become its core validation node for cross-border remittances (Anchor Remittance Validator) and participate in network transaction validation.The three parties will jointly buil...
Hong Kong licensing, stablecoin landscape changes: Who is reshaping the next generation of the financial landscape?
Take the lead in exploring a more institutionalized, verifiable, and implementable development path for non-U.S. dollar stablecoins.
Stablecoin License Battle Concludes: Anxiety-Ridden Hong Kong, Will Not Wait for the Next Tether
Hong Kong is trying too hard to prove itself.
Anchor Point Financial Technology plans to launch the regulated Hong Kong dollar stablecoin HKDAP in phases in Q2
Animoca Brands announced on the X platform that the joint venture Fintech Anchor, co-founded by Standard Chartered Bank, HKT, and Animoca Brands, will gradually promote the regulated Hong Kong dollar-backed stablecoin HKDAP (HKD At Par) starting in the second quarter of this year.Its Group President...
Coinbase says three areas will dominate the crypto market in 2026
Key Takeaways: Coinbase Institutional emphasizes the shift from traditional boom-and-bust cycles to more structural forces in crypto markets,…
Stablecoin Reserves Concentrated in Treasury Bills Under 93 Days
Stablecoin reserves are increasing demand for U.S. Treasury securities, but the effect is concentrated in short-term instruments. The structure of accumulating reserves focuses on Treasury bills with a remaining maturity of 93 days or less and cash-like assets.
...
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com
