🚨 SCAM ALERT: HONG KONG WARNS OF FAKE STABLECOINS
The Hong Kong Monetary Authority (HKMA) has issued an urgent warning regarding fraudulent tokens circulating with the tickers “HSBC” and “HKDAP”.
The Key Facts:
Zero Association: Neither HSBC nor Anchorpoint Financial (a joint venture involving Standard Chartered and Animoca Brands) has any connection to these tokens.
No Official Launch: Despite recently receiving stablecoin licenses on April 10, 2026, both official issuers have confirmed they have not yet launched any regulated stablecoins in the market.
Future Plans: HSBC expects to launch its legitimate HKD-denominated stablecoin in the second half of 2026, while Anchorpoint aims for a phased launch starting in Q2 2026.
DYOR.