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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.
🔹 HSBC & Anchorpoint Financial got Hong Kong's first stablecoin licenses on April 10
🔹 NO regulated stablecoin launched yet
🔹 HSBC HKD stablecoin → H2 2026 (via PayMe & HSBC App only)
🔹 Anchorpoint HKDAP → phased launch Q2 2026
Scammers are front-running official launches. Any "HSBC" or "HKDAP" token in market right now = SCAM.
✅ Verify only via HKMA Register
✅ Wait for official announcements
✅ DYOR Always