Hong Kong Sees Rise Of Fake Stablecoins
Hong Kong Sees Rise Of Fake Stablecoins Hong Kong’s central bank has warned of a rise in counterfeit or fake stablecoins. The Hong Kong Monetary Authority (HKMA) says criminals are exploiting the city’s incoming stablecoin regime and notes that legitimate stablecoins have not yet been launched. In a news release, the Hong Kong-based regulator said…