{"id":20640,"date":"2025-07-25T09:31:48","date_gmt":"2025-07-25T07:31:48","guid":{"rendered":"https:\/\/kriptomagazin.si\/?p=20640"},"modified":"2025-07-25T09:31:48","modified_gmt":"2025-07-25T07:31:48","slug":"hong-kong-uveljavlja-kazni-za-neprijavljene-promocije-stablecoinov","status":"publish","type":"post","link":"https:\/\/testnamag.si\/staging\/hong-kong-uveljavlja-kazni-za-neprijavljene-promocije-stablecoinov\/","title":{"rendered":"Hong Kong uveljavlja kazni za neprijavljene promocije stablecoinov"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"20640\" class=\"elementor elementor-20640\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6ac44a4a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6ac44a4a\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-cf7eb51\" data-id=\"cf7eb51\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-73e21c97 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"73e21c97\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>S 1. avgustom 2025 bo v Hongkongu za\u010dela veljati nova zakonodaja, ki kriminalizira ogla\u0161evanje ali ponujanje neprijavljenih stablecoinov (stabilnih kriptovalut) maloprodajnim vlagateljem. Novi zakon, znan kot Stabilcoin Ordinance, uvaja kazni, ki vklju\u010dujejo denarne globe do 50.000 hongkon\u0161kih dolarjev (pribli\u017eno 6.300 ameri\u0161kih dolarjev) in mo\u017enost zapora do \u0161estih mesecev za kr\u0161itelje.<\/p><p>Hongkon\u0161ka monetarna oblast (HKMA) je izdala javno opozorilo, v katerem vlagatelje poziva, naj se izogibajo neregistriranim stablecoinom, da se ne bi nehote zna\u0161li v nasprotju z zakonom. HKMA je izrazila zaskrbljenost zaradi potencialnega zlorabljanja trga, saj je zakonodaja namenjena zagotavljanju stabilnosti in za\u0161\u010diti potro\u0161nikov pred goljufijami in pretirano \u0161pekulacijo.<\/p><h2><strong>Ozadje stabilnih valut v Hongkongu<\/strong><\/h2><p>Zakonodaja je posledica rasti interesa za stablecoine, predvsem fiat-podprte stablecoine (FRS), katerih promocije so pogosto povzro\u010dile izjemne premike na trgu. Eddie Yue, generalni direktor HKMA, je v opozorilu navedel, da je &#8220;nara\u0161\u010dajo\u010da evforija na trgu&#8221; povzro\u010dila nerealno pove\u010danje vrednosti in obsega trgovanja s temi sredstvi, kar je pripeljalo do potrebe po ve\u010djem nadzoru in regulaciji. Yue je poudaril, da je cilj nove zakonodaje predvsem vzpostaviti verodostojnost in stabilnost v \u0161e vedno mladostni industriji stablecoinov.<\/p><h2><strong>Obresti na licenciranje stablecoinov<\/strong><\/h2><p>Po poro\u010danju Bloomberga se je za licenco za izdajanje stablecoinov potegovalo kar 50 podjetij, kar nakazuje velik potencial trga. Vendar pa HKMA poudarja, da \u0161tevilna podjetja niso predstavila konkretnih in izvedljivih na\u010drtov, temve\u010d so pogosto zgolj predlagala splo\u0161ne ideje, brez jasnega na\u010drta za izvedbo in obvladovanje tveganj. Yue je dodal, da bo za\u010detno \u0161tevilo dodeljenih licenc zelo omejeno, saj le nekaj podjetij izpolnjuje potrebne pogoje za izdajo stablecoinov.<\/p><h2><strong>Regulacija v drugih dr\u017eavah<\/strong><\/h2><p>Podobne regulacije, \u010deprav ne vklju\u010dno z zapori, so uvedle tudi druge dr\u017eave, kot je Evropska unija, ki je v okviru uredbe MiCA (Markets in Crypto-Assets Regulation) predvidela visoke denarne kazni za podjetja, ki kr\u0161ijo dolo\u010dila o ogla\u0161evanju kripto produktov. Kazni lahko zna\u0161ajo najmanj 5 milijonov evrov ali 3 % do 12,5 % letnega prihodka podjetja. V Zdru\u017eenem kraljestvu pa je urad za finan\u010dno regulacijo (FCA) naletel na te\u017eave pri uveljavljanju svojih pravil, saj je bilo samo polovico nezakonitih oglasov odstranjeno do januarja 2025.<\/p><p>Hongkong pa s svojo zakonodajo stopa v ospredje, saj za ogla\u0161evanje neregistriranih stablecoinov uvaja kazenske ukrepe, ki vklju\u010dujejo zapor, kar predstavlja najstro\u017eji pristop do regulacije kripto trga do sedaj.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6f38619 elementor-widget elementor-widget-text-editor\" data-id=\"6f38619\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f2e6eb4 elementor-widget elementor-widget-heading\" data-id=\"f2e6eb4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 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Novi zakon, znan kot Stabilcoin Ordinance, uvaja kazni, ki vklju\u010dujejo denarne globe do 50.000 hongkon\u0161kih dolarjev (pribli\u017eno 6.300 ameri\u0161kih dolarjev) in mo\u017enost zapora do \u0161estih mesecev za kr\u0161itelje. Hongkon\u0161ka monetarna oblast (HKMA) je [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":33516,"comment_status":"closed","ping_status":"open","sticky":false,"template":"elementor_theme","format":"standard","meta":{"footnotes":""},"categories":[116,118],"tags":[],"class_list":["post-20640","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-kripto-novice","category-politika"],"jetpack_featured_media_url":"https:\/\/testnamag.si\/staging\/wp-content\/uploads\/2025\/07\/NASLOVNA-SLIKA-NOVICE-24.png","_links":{"self":[{"href":"https:\/\/testnamag.si\/staging\/wp-json\/wp\/v2\/posts\/20640","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/testnamag.si\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/testnamag.si\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/testnamag.si\/staging\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/testnamag.si\/staging\/wp-json\/wp\/v2\/comments?post=20640"}],"version-history":[{"count":0,"href":"https:\/\/testnamag.si\/staging\/wp-json\/wp\/v2\/posts\/20640\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/testnamag.si\/staging\/wp-json\/wp\/v2\/media\/33516"}],"wp:attachment":[{"href":"https:\/\/testnamag.si\/staging\/wp-json\/wp\/v2\/media?parent=20640"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/testnamag.si\/staging\/wp-json\/wp\/v2\/categories?post=20640"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/testnamag.si\/staging\/wp-json\/wp\/v2\/tags?post=20640"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}