PANews reported on July 18 that according to official sources, recently, JD Chain Technology noticed that someone was impersonating JD's name and issuing a digital currency called JD-HKD on mainstream trading platforms, deceiving users into participating in trading. These fraudulent activities not only damage the legitimate rights and interests of JD Chain Technology but also harm users participating in the transactions. JD Chain Technology has communicated with mainstream trading platforms to remove the related digital currency and issued a notice to warn users.
In this regard, JD Chain Technology also wants to remind all users: As a participant in the Hong Kong Monetary Authority's stablecoin issuance sandbox, JD Chain Technology fully complies with the process of landing under Hong Kong's regulatory guidance. Before obtaining a Hong Kong stablecoin issuer license, any issuance of coins using terms like JD stablecoin, JD-HKD, JD-USD, attracting users to purchase, or issuing coins under the name of JD or JD's partners are scams. JD will not release any governance tokens other than JD stablecoin. Users are advised to carefully identify and avoid participation. JD Chain Technology states that it will release the latest developments in real-time through its official website and mainstream media channels, and users should use the JD Chain Technology official website as the sole official channel for obtaining accurate information.
Currently, JD Chain Technology is one of the three participants in the Hong Kong stablecoin issuance sandbox and will continue to promote project compliance landing, exploring possibilities to reduce costs and improve efficiency for cross-border settlement of global enterprises and personal payments.



