Sun, 03 Maregulation

Las monedas estables falsas del banco HSBC llegan al mercado mostrando una nueva y peligrosa ola de estafas criptográficas

Burns Brief

La estafa más peligrosa de las stablecoins probablemente no se parece en nada a lo que la mayoría de la gente imagina. La noticia ha sacudido a los participantes del mercado, con los bajistas buscando bajar los precios mientras los alcistas intentan defender niveles de soporte clave. Esté atento a la confirmación del volumen: una ruptura por encima del volumen promedio indicaría que es probable que la tendencia continúe.

The most dangerous stablecoin scam probably looks nothing like what most people picture. There's no anonymous founder, no Discord full of bots, no promise of returns that defy basic economic logic. Instead, it has a professional ticker, institutional branding, and a name that tens of millions of people have trusted with their savings for generations. That's the premise at the center of a regulatory alert Hong Kong's monetary authority issued this week, and it deserves considerably more attention than a fraud warning typically receives. On April 28, the HKMA warned the public that tokens carrying the tickers “HKDAP” and “HSBC” had appeared in the market without being issued by or associated with any licensed stablecoin issuer, and that both licensed issuers had confirmed they hadn't released any regulated stablecoins yet. The institutional gravity those names carry in the minds of ordinary consumers, built over more than a century of banking history, was the vehicle for the deception, and that's a fundamentally different kind of scam from anything the stablecoin market has had to contend with before. The HSBC scam that doesn't need to promise anything To understand why this is so structurally different from ordinary token fraud, it helps to know what HSBC and Anchorpoint Financial actually represent in this context. On April 10, the HKMA granted its first stablecoin issuer licences to the two institutions under the Stablecoins Ordinance, which took effect in August 2025. From a pool of 36 applicants, only these two were approved, a roughly 5.6% approval rate that shows just how demanding the regime was at launch. CryptoSlate covered the passage of the enabling legislation in May 2025 and the activation of the licensing regime that August. The framework was built around credibility as its central premise: full reserve backing, identity-verified wallets, and ongoing disclosure requirements embedded from the outset. HSBC plans to launch a Hong Kong dollar-denominated st

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