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![EdGeraldX Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1774188019786158080.png) CryptoEdge [@EdGeraldX](/creator/twitter/EdGeraldX) on x XXX followers
Created: 2025-07-24 10:39:05 UTC

HONG KONG TO CRIMINALIZE UNLICENSED STABLECOIN PROMOTIONS FROM AUGUST X

Starting August 1, promoting or offering unlicensed stablecoins to retail investors in Hong Kong becomes a criminal offense.

Violators face fines of up to HK$50,000 and six months imprisonment.

Regulators aim to tighten oversight amid rising stablecoin adoption.

Significant shift for stablecoin issuers and local crypto platforms.


XX engagements

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

[Post Link](https://x.com/EdGeraldX/status/1948332101654249853)