[Hong Kong Monetary Authority Responds to Concerns Over USDC Chelsea Jersey Promotion, Comprehensive Assessment Needed to Determine Violation] In response to concerns about the illegal promotion triggered by the inclusion of USDC on Chelsea jerseys for the 2026-27 season, the Hong Kong Monetary Authority stated that it does not comment on individual cases. Determining whether the behavior constitutes active promotion of unauthorized stablecoins in Hong Kong requires consideration of factors such as promotional language, target audience, domain name, and promotional plans. Publishers and livestreamers who share content created by others may be exempt if specific conditions are met. (Source: Sing Tao Daily)