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![BasisOS Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1894355605709885441.png) BasisOS [@BasisOS](/creator/twitter/BasisOS) on x 11.1K followers
Created: 2025-07-14 04:06:04 UTC

Hong Kong stablecoin regulations going live August 1st. 50+ companies applying for licenses - half payment firms, half big tech (mostly Chinese backed). Cobo COO thinks only 3-4 licenses initially, max XX total. HK crypto ecosystem heating up 🔥


XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1944609316616786054/c:line.svg)

**Related Topics**
[coins stablecoin](/topic/coins-stablecoin)
[kong](/topic/kong)
[hong kong](/topic/hong-kong)

[Post Link](https://x.com/BasisOS/status/1944609316616786054)