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hkma

Fake Bank Tokens Trick People Before Real Coins Arrive

May 4, 2026

A new scam is using well‑known bank names to fool people into buying fake crypto coins. The Hong Kong Monetary Authority (HKMA) warned that tokens called “HSBC” and “HKDAP” were on the market even though no licensed bank had issued them. These names belong to two big banks that recently got li

finance

Hong Kong's Central Bank Takes a Step Forward in Crypto Regulation

September 19, 2025

Hong Kong is making waves in the crypto world again. This time, the Hong Kong Monetary Authority (HKMA) is looking to make it easier for banks to hold cryptocurrencies. They've put out a draft plan for public feedback, aiming to relax the rules on how much capital banks need to keep when they hold c