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Hong Kong's HKMA Denies Partnership with Yunbo Holdings 2.0, No Stablecoin Licenses Issued

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The Hong Kong Monetary Authority (HKMA) denied any collaboration with 'Yunbo Holdings / Yunbo Holdings 2.0,' stating the platform is not under its supervision. It also confirmed no stablecoin regulation licenses have been issued. The HKMA urged the public to be cautious of stablecoin promotions and to verify regulated institutions via its official website. The move aligns with broader efforts in Countering the Financing of Terrorism.
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