Hong Kong Monetary Authority: Has no relation with the platform "Hong Kong Yunbo Holdings/Yunbo Holdings 2.0", beware of stablecoin scams

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Mars Finance news: The Hong Kong Monetary Authority (HKMA) has issued another risk warning, pointing out that a platform called “Hong Kong Yunbo Holdings/Yunbo Holdings 2.0” claims to have a partnership with the HKMA, falsely asserting that the HKMA, as a technical and financial guidance authority, provides the platform with on-chain stablecoin frameworks, cross-border clearing models, and support for building financial-grade node security systems. The HKMA firmly states that it has no relation to this platform, and the platform is not regulated by the HKMA. Currently, no licenses have been issued to any stablecoin issuers. If anyone promotes or advertises stablecoins, the public must remain vigilant. If it is found to be a scam target or victim, they should immediately contact the Hong Kong police or relevant authorities in Mainland China.

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