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Hong Kong to criminalize unlicensed stablecoin promotions from Aug. 1

Cointelegraph.com NewsStarting Aug. 1, offering or advertising unlicensed stablecoins to retail investors in Hong Kong could get violators a 50,000 Hong Kong dollar fine and six months in jail. 

​Starting Aug. 1, offering or advertising unlicensed stablecoins to retail investors in Hong Kong could get violators a 50,000 Hong Kong dollar fine and six months in jail. 

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