PANews
PANews|Oct 25, 2025 01:29
[Poly Group: Has not organized or participated in activities related to Hong Kong stablecoins or stablecoin funds] According to Sina Finance, China Poly Group has issued a statement regarding recent online dissemination about 'Hong Kong Poly Stablecoin,' 'Poly Stablecoin Fund,' and related entities. The statement clarifies that Poly Group and its subsidiaries have not organized or participated in any business or activities related to Hong Kong stablecoins or stablecoin funds. The entities registered in Hong Kong, including 'Poly Digital Industry Group Co., Ltd.,' 'Poly Digital Asset Co., Ltd.,' and 'Poly Digital Asset Issuance Co., Ltd.,' have no equity or affiliation with Poly Group or its subsidiaries. Furthermore, there is no investment, cooperation, or business relationship between them, and all their actions are unrelated to Poly Group. Poly Group reminds all sectors of society to remain vigilant, exercise caution in identifying entities, and carefully conduct investment and cooperation. If any illegal or criminal activities are discovered, please report them to the public security authorities promptly.
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