HKMA Warns Public of Fraudulent Claims in Digital Currency Trials

Wednesday, 20 March 2024, 12:00

The Hong Kong Monetary Authority (HKMA) warns the public to be cautious of fraudulent entities falsely claiming involvement in digital currency trials. The HKMA has alerted the police about entities misrepresenting selection for its e-HKD pilot programme. This cautionary notice serves to protect individuals from falling victim to scams in the emerging digital currency landscape.

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HKMA Warns Public of Digital Currency Trial Scams

The Hong Kong Monetary Authority (HKMA) cautions the public to remain vigilant against fraudulent entities that falsely assert their participation in digital currency trials.

Key Points:

Scam Alert: Entities claiming selection for HKMA's e-HKD pilot programme are fraudulent.
Reporting: HKMA has reported the matter to the police for investigation.

Individuals are advised to verify the credibility of entities before engaging with them to avoid potential financial risks.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.