HKMA Alert: Lending Projects Falsely Using the Digital Hong Kong Dollar (e-HKD) Name

According to Shenchao TechFlow, on October 27, the Hong Kong Monetary Authority (HKMA) issued information on the evening of October 27 stating that lending projects falsely using the HKMA's Digital Hong Kong Dollar (e-HKD) name have appeared in the market. The publicly available content currently only includes a headline and does not disclose the specific operating model, platforms involved, or amounts involved in such lending projects. The public is advised to verify relevant information through the HKMA's official channels and beware of fraud.

Source: Shenchao TechFlow