A fake X post about a "National Hong Kong Coin" launch caused excitement, but official warnings confirmed it was a fraudulent announcement.

Hong Kong warns investors about the fraudulent cryptocurrency HKONG promoted by a fake account impersonating the city's Chief ...

Authorities have warned against online claims about the “launch of the National Hong Kong Coin” published on an account impersonating Chief Executive John Lee Ka-chiu. A spokesman for the ...

A fraudulent meme coin called "KONG" was promoted by scammers impersonating a Hong Kong official on social media platform X.

RedotPay’s $40 million Series A signals strong demand for direct crypto payments as stablecoins become key to digital ...

and Circle's USD Coin (USDC). "Hong Kong has long been a global financial hub with a deep and liquid foreign exchange market, supported by a regulatory environment that facilitates currency ...