Hong Kong Monetary Authority: No relation to "Hong Kong Yunbo Holdings/Yunbo Holdings 2.0" platform, beware of stablecoin scams
Hong Kong Monetary Authority Issues Risk Warning Again
The Hong Kong Monetary Authority (HKMA) has once again issued a risk warning, stating that a platform named "Hong Kong Yunbo Holdings/Yunbo Holdings 2.0" claims to have relevant cooperation with the HKMA. It falsely asserts that the HKMA, as a technical and financial guidance unit, provides the platform with an on-chain stablecoin framework, cross-border settlement model, and support for building a financial-grade node security system. The HKMA solemnly declares that it has no relationship with this platform and that the relevant platform is not regulated by the HKMA. Currently, no licenses have been issued to any stablecoin issuers. If anyone promotes stablecoins, the public must remain vigilant. If it is discovered that they are targets or victims of a scam, they should immediately contact the Hong Kong police or relevant authorities in the mainland.








