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Analysts flag broken compliance controls in Anchorpoint's live HKDAP stablecoin

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A review published by security analyst Yajin Zhou says HKDAP runs on an Ethereum contract that is not production-ready, and has Know-Your-Customer (KYC) and revocation controls that do not work as coded. HKDAP is a Hong Kong dollar stableco…

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Analysts flag broken compliance controls in Anchorpoint's live HKDAP stablecoin
Cryptopolitan News 1h ago

Analysts flag broken compliance controls in Anchorpoint's live HKDAP stablecoin

A review published by security analyst Yajin Zhou says HKDAP runs on an Ethereum contract that is not production-ready, and has Know-Your-Customer (KYC) and revocation controls that do not work as coded. HKDAP is a Hong Kong dollar stableco…