[Christopher Hui: Only "authorized providers" can offer specified stablecoins in Hong Kong; purchasing any unregulated stablecoins is at your own risk] According to a press release from the Hong Kong government, Christopher Hui, Secretary for Financial Services and the Treasury, stated that currently, only "authorized providers" are allowed to offer specified stablecoins. He reminded the public that over-the-counter virtual asset trading platforms are not considered "authorized providers" and therefore cannot offer specified stablecoins to retail or professional investors. Hui reiterated that the Hong Kong Monetary Authority has not yet issued any licenses to stablecoin issuers. Investors are only protected under regulations when purchasing regulated stablecoins from designated "authorized providers." If stablecoins are purchased through unregulated channels or if any unregulated stablecoins are purchased, the risk must be borne by the individual.