The Hong Kong Monetary Authority (HKMA) has clarified that it has no cooperative relationship with "Hong Kong Yunbo Holdings/Yunbo Holdings 2.0" and that these entities are not under its regulation. In a statement issued on December 13, the HKMA emphasized that it has not granted any licenses to stablecoin issuers. The authority urged the public to exercise caution regarding stablecoin promotions and to verify the regulatory status of institutions through the HKMA's official website. This announcement underscores the HKMA's ongoing efforts to maintain transparency and protect consumers in the evolving digital currency landscape.