The post Hong Kong Monetary Authority Warns Against Fake “Crypto Banks” and “Deposits”! appeared first on Coinpedia Fintech News The Hong Kong Monetary Authority has issued a warning to the public to be cautious when dealing with crypto companies that claim to be “banks” or describe their products as “deposits”. The authority has stated that some crypto firms using terms such as “crypto bank”, “crypto asset bank”, “digital asset bank”, “digital bank,” or “digital …