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![coincheckgo Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::789116745097224192.png) CoinCheck Go [@coincheckgo](/creator/twitter/coincheckgo) on x XXX followers
Created: 2025-07-24 17:03:11 UTC

JUST IN: 🇭🇰 Hong Kong to criminalize unlicensed stablecoin promotions from Aug. X. Violators face HK$50,000 fine 💰 (~$6,300) and six months jail. HKMA Chief Executive Eddie Yue says regulation aims for "credibility and stability" in stablecoins, protecting investors from "fraud and excessive speculation." 🚨


XX engagements

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

[Post Link](https://x.com/coincheckgo/status/1948428761080496629)