Hong Kong has issued its first custodial sentence for an influencer offering unlicensed investment advice, marking a significant move in the financial regulation of digital assets. Zhou Boxian, a prominent figure in Hong Kong’s financial sphere, was found guilty of providing unauthorized financial guidance and sentenced to custody after leading a subscription-based chat group that offered paid investment tips. This landmark case highlights Hong Kong’s commitment to combating unauthorized financial activity. While the immediate impact on the cryptocurrency market is minimal, regulatory experts believe this sentencing serves as a strong warning for other influencers who may be offering similar services without proper licenses.