[Hong Kong Monetary Authority Clarifies No Offshore RMB Stablecoin Issuance, Warns Against False Information] The Hong Kong Monetary Authority (HKMA) has issued a statement clarifying that recent social media claims about the issuance of the world's first offshore RMB-linked stablecoin in Hong Kong are false information. The HKMA emphasized that the 'Stablecoin Ordinance' will officially take effect on August 1, 2025. Any activities involving the issuance of fiat-backed stablecoins or promotion to the public in Hong Kong must hold a stablecoin issuer license issued by the HKMA. As of now, the HKMA has not issued any such licenses. The HKMA reminds the public to be vigilant against unauthorized stablecoin promotional activities and stated that it will continue to monitor market developments and take necessary actions against suspected illegal activities.