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![BlokTopik Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1851572761656795136.png) BlokTopik [@BlokTopik](/creator/twitter/BlokTopik) on x XXX followers
Created: 2025-07-25 07:30:00 UTC

🇭🇰 HONG KONG GETS TOUGH ON STABLECOINS

Starting August 1, promoting unlicensed #stablecoins in Hong Kong becomes a criminal offense.

Max penalty?
🔹 $XXXXX fine
🔹 X months in jail

Only HKMA-licensed issuers can legally advertise to retail.

![](https://pbs.twimg.com/media/GwrollUXMAAqhq9.jpg)

XX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1948646902452355274/c:line.svg)

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

[Post Link](https://x.com/BlokTopik/status/1948646902452355274)