Hong Kong Sounds Alarm on Unapproved Digital Yuan Stablecoins Amid Market Surge
The Hong Kong Monetary Authority (HKMA) has firmly denied social media rumours that the world’s first offshore yuan-pegged stablecoin has been issued within the metropolis. In a public assertion the regulator labeled the studies as “false information” and urged buyers to stay vigilant in opposition to unverified claims that might mislead the market. The warning…
