Starting August 1, 2025, Hong Kong will criminalize the advertising and promotion of unlicensed stablecoins under its newly introduced Stablecoin Ordinance, signaling one of the most aggressive regulatory crackdowns on digital assets to date. Violators Face Fines and Jail Time Under the new law, anyone found promoting or offering fiat-referenced stablecoins (FRS) without a license … Continue reading Hong Kong to Enforce Strict Stablecoin Promotion Ban From August 1