The Hong Kong Monetary Authority (HKMA) issued a public warning about fraudulent documents that falsely purport to be issued by the HKMA, including materials linked to the e-HKD Pilot Programme and the Stablecoins Ordinance. The alert covers a forged HKMA notice claiming a firm had been instructed to join the e-HKD Pilot Programme, distribute funds in the form of e-HKD via its mobile application, and issue “e-HKD bank cards” to shareholders. The HKMA also flagged a leaflet bearing the HKMA logo about the Stablecoins Ordinance that it did not issue. The HKMA noted that it announces all firms participating in the e-HKD Pilot Programme and directed the public to the list of participating firms and stablecoin issuer regime information on its website.
Hong Kong Monetary Authority 2025-08-08
Hong Kong Monetary Authority warns public about forged e-HKD Pilot Programme notice and fake Stablecoins Ordinance leaflet
The Hong Kong Monetary Authority (HKMA) warned about fraudulent documents falsely claiming to be from the HKMA, including those related to the e-HKD Pilot Programme and the Stablecoins Ordinance. The alert highlights a forged notice instructing a firm to distribute e-HKD and issue "e-HKD bank cards," as well as an unauthorized leaflet about the Stablecoins Ordinance. The HKMA advises the public to refer to its website for official information on participating firms and the stablecoin issuer regime.