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HONG KONG WARNS: Fake "HSBC" & "HKDAP" Stablecoins Spotted
Hong Kong Monetary Authority warns: tokens using tickers "HSBC" and "HKDAP" are NOT issued by licensed stablecoin issuers.
๐น HSBC & Anchorpoint Financial got Hong Kong's first stablecoin licenses on April 10
๐น NO regulated stablecoin launched yet
๐น HSBC HKD stablecoin โ H2 2026 (via PayMe & HSBC App only)
๐น Anchorpoint HKDAP โ phased launch Q2 2026
Scammers are front-running official launches. Any "HSBC" or "HKDAP" token in market right now = SCAM.
โ Verify only via HKMA Register
โ Wait for official announcements
โ DYOR Always