Regulation· ★★· neutral·

Hong Kong's HKMA warns of fake e-HKD lending scheme, refers case to police

  • —Scammers pushed contracts promising loan conversion into e-HKD assets
  • —HKMA said it never contacts residents on personal finance or asks for transfers
  • —e-HKD pilot and sandbox participants do not raise funds or sell investment products
  • —Case handed to Hong Kong police; hotline for affected users is 2860 5012
Why it matters: The scheme exploits the e-HKD brand ahead of a full CBDC rollout, raising the risk of losses for retail users.
Source: PANews