#SouthKoreaCryptoPolicy Regulations on Stablecoin in Hong Kong Sales Restrictions for Licensed Organizations

According to Odaily, Hong Kong's regulations on stablecoins state that only designated licensed organizations are allowed to sell fiat-backed stablecoins in this region. These stablecoins must be issued by licensed issuers to be available to retail investors. Additionally, there is a provision on 'active promotion' requiring organizations to be licensed if they actively promote their involvement in regulated stablecoin activities, whether in Hong Kong or elsewhere, even if they are not directly participating in those activities.