According to PANews, the Hong Kong Monetary Authority (HKMA) has received public inquiries about companies falsely claiming to be part of the Digital Hong Kong Dollar pilot program and promoting digital Hong Kong dollar products to attract public investment. The HKMA reminds citizens that it will announce all companies selected for the Digital Hong Kong Dollar pilot program.
Furthermore, the HKMA emphasizes that all selected companies and other institutions participating in the HKMA's sandbox program will not raise funds from the public or offer any investment products under the name of the relevant program. The authority urges the public to be cautious and verify the authenticity of such claims before making any investment decisions.
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