香港稳定币条例

#香港稳定币条例 Iron Eagle Nuclear Explosion Warning] China suddenly tears apart the financial seal! Digital renminbi and 'controllable stablecoins' break through globally! The trillion-dollar gate in Hong Kong opens tonight!
July 7, 2025, Beijing, thunder and lightning! The Renmin University Financial Technology Research Institute throws out an epic policy nuclear bomb - digital renminbi and controllable stablecoins are mutually recognized! The coffin board

The future of the #香港稳定币条例 stablecoin depends on the symbiosis of 'compliance' and 'availability'. Hong Kong's attempts prove that strict regulation does not necessarily stifle innovation, but we must avoid building monopoly walls in the name of stability! 🤡

The strict licensing mechanism of Hong Kong's 'Stablecoin Regulation' forces the elimination of financially weak or inadequately risk-controlled institutions through high thresholds, significantly reducing the number of market participants to single digits in the short term, but significantly lowering the risks of decoupling and bank runs, thereby building a solid trust foundation for the industry.

At the same time, the regulation grants the Monetary Authority 'intervention rights of statutory managers' and other bank-level risk control tools, and imposes severe penalties for unlicensed issuance, effectively isolating speculative risks from spreading to the traditional financial system, enhancing investors' confidence in stablecoins as payment tools rather than speculative assets.

In the long run, this 'better to have less than to have more' strategy has attracted compliance institutions like Standard Chartered and Ant Group to lay out cross-border payment scenarios in the real economy, pushing stablecoins back to their original positioning of 'enhancing payment efficiency', paving the way for sustainable industry development.

However, high compliance costs and technical thresholds will push small and medium-sized startups out of the market and directly exclude decentralized innovation models like algorithmic stablecoins, leading to an initial market concentration among traditional banking giants, weakening technological diversity and competitive vitality.

Moreover, the unexpected contraction of only 3-5 licenses in the first batch, although based on risk concentration calculations, significantly compresses user choice space in the short term, which may delay the penetration speed of stablecoins in emerging scenarios such as retail payments and the metaverse.

To balance regulation and innovation, Hong Kong has set up a transition period and sandbox mechanism, allowing existing issuers to continue operating for 6 months after submitting their applications and providing space for 12 institutions including JD.com and Standard Chartered to test payment and RWA integration scenarios, reducing compliance costs through controllable trial and error.

By supporting the parallel development of Hong Kong dollar and offshore renminbi stablecoins through a 'multi-currency anchoring' strategy, it avoids reliance on a single US dollar and opens up on-chain channels for renminbi cross-border payments. For example, the Yiwu market has already tested stablecoin applications for trade settlements worth billions of dollars.

The tiered exemption rules allow unlicensed institutions to offer non-Hong Kong dollar stablecoins to professional investors, preserving flexible innovation space, while the Monetary Authority dynamically optimizes technical audit standards and other details, striving to cultivate 'regulatory-enabled innovation' above the baseline of stability.

The birth of a new local emperor in Hong Kong: ZhongAn holds three trump cards and harvests 500 million US dollars. Who dares to grab the first stablecoin mine? !

Compliance funds are pouring in, and licensed institutions are hiding trump cards! ZhongAn's 3.9 billion Hong Kong dollars of ammunition is in place, and the detonation point of Hong Kong's stablecoin is locked in advance!

ZhongAn Online's 3.9 billion Hong Kong dollars of ammunition replenishment is a regular fundraising on the surface, but in fact it is to take the lead in the new battlefield of Hong Kong's virtual assets-you must know that the Hong Kong Monetary Authority just passed the stablecoin issuance framework in June, clearly requiring 100% reserve assets + licensed operations, and ZhongAn is holding three trump cards:
1. ZA Bank, the first licensed virtual bank in Hong Kong, can directly connect to the fiat currency channel
2. The leading identity of insurance technology meets the requirements for reserve asset custody
3. Blockchain subsidiary ZhongAn Technology has accumulated more than 500 patents

This combination of "licensed financial institutions + technical genes" is simply the chosen one in the compliant stablecoin track!

After the Hong Kong Securities and Futures Commission approved the OSL exchange license at the beginning of this year, the stock price of its parent company soared 65% in a single day. When traditional financial institutions enter the crypto field, the market premium far exceeds the native project. ZhongAn is hoarding food at this moment, clearly sensing the tens of billions of stablecoin liquidity depression that is about to be born in Hong Kong - think about it, the wholesale CBDC and real estate tokenized settlement promoted by the Hong Kong government, which one does not need compliant stablecoins as blood vessels?

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#香港稳定币条例

The anchor of stablecoins is not chips on a gambling table, but rather the stabilizing force in the financial world.

The recent blow from the Secretary for Financial Services and the Treasury of Hong Kong directly hit the most vulnerable point of cryptocurrencies—transparency of reserve assets. The so-called "high-quality liquid assets" translates to crypto slang as: no more using air tokens as collateral, and don't use user funds to speculate on altcoins. This is equivalent to putting a tight restriction on stablecoin issuers, requiring their reserve pools to be filled with hard currencies like government bonds and bank deposits, rather than some project parties' hidden "air asset packages".

As a veteran who has experienced three stablecoin collapses, I must commend this policy. Just look at the tragedy of UST in 2022: that so-called "algorithmic stablecoin" project was stuffed with tokens from related projects in its reserve pool, and when the market panicked, the entire setup collapsed like a house of cards, with a market value of 40 billion dollars instantly going to zero. Hong Kong's clear red line this time is equivalent to establishing a "reserve asset whitelist" for the industry, which is more protective of user wallets than any technical white paper.

A real case: a leading stablecoin was reported to have invested 30% of its reserves into a cryptocurrency fund, claiming "high returns with low risk", but when Bitcoin plummeted by 50%, its USD peg deviated by 0.3 dollars. Hong Kong requires reserves to maintain a 1:1 exchange capability, which is akin to forcing issuers to buy "financial insurance". Although this may reduce yield, it can ensure stability in extreme market conditions.

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#香港稳定币条例

The Hong Kong 'Stablecoin Regulation' will come into effect on August 1. The Secretary for Financial Services and the Treasury, Christopher Hui, stated on July 7 that the Monetary Authority is currently consulting the market on the implementation of regulatory guidelines, which will be announced in July. The goal is to issue stablecoin licenses within this year, with the number of licenses granted expected to be in single digits. This initiative has multiple important implications:

• Establishing a Robust Regulatory Environment: The 'Stablecoin Regulation' adheres to the principle of 'same activity, same risk, same regulation', focusing on risk management. The implementation of this regulation fills the regulatory gap for fiat-backed stablecoins, providing a stable foundation for Hong Kong's virtual asset market, promoting sustainable industry development, protecting user rights, and consolidating Hong Kong's position as an international financial center.

• Supporting the Internationalization of the Renminbi: With the regulation in place, compliant stablecoins pegged to the Hong Kong dollar or Renminbi are expected to gain wider usage. Hong Kong can leverage its status as an international financial hub to promote Renminbi stablecoins as a reliable alternative to US dollar stablecoins, further expanding the influence of Renminbi in the global digital currency system.

• Expanding Corporate Financing Channels: Stablecoins can open new pathways for corporate financing, particularly providing more efficient capital solutions for cross-border trade, small and medium-sized enterprises, and emerging market companies. For example, companies can issue bonds linked to stablecoins, saving on exchange losses and fees incurred from traditional currency conversion and cross-border settlements.

• Promoting the Development of the Digital Asset Industry: Hong Kong is the world's first international financial center to establish a dedicated regulatory framework for fiat-backed stablecoins. The implementation of the 'Stablecoin Regulation' holds strategic significance in attracting global fintech companies to set up in Hong Kong and promoting the integration of virtual assets with traditional finance.

• Enhancing Payment Efficiency: Stablecoins are viewed as an alternative to traditional financial systems, with the potential to reshape payment and capital market activities. For example, in cross-border payments, stablecoins can achieve settlement in seconds, with cost reductions of up to 90%, significantly better than traditional wire transfers.
$BTC
#香港稳定币条例

I looked at the Hong Kong Stablecoin Regulations and summarized the following points.

Here are some core conclusions regarding the Hong Kong Stablecoin Regulations:

1. Clear regulatory framework: Hong Kong is constructing a specialized regulatory system for stablecoins, covering the entire process of issuance, reserve management, and trading, ensuring market transparency and risk controllability.

2. Licensing requirements: Stablecoin issuers must apply for a license and meet conditions such as capital adequacy, reserve asset custody, and regular audits; unlicensed entities will be prohibited from operating.

3. Strict management of reserve assets: Issuers are required to hold high liquidity assets (such as cash, short-term government bonds) of equivalent value as reserves, which must be held by an independent third party and regularly disclose asset verification.

4. Priority on user fund protection: The regulations emphasize the segregation of user funds from issuer assets to prevent user losses due to issuer bankruptcy, while also requiring the establishment of a rapid redemption mechanism.

5. Cross-border cooperation orientation: The Hong Kong Monetary Authority will collaborate with international regulatory bodies to ensure stablecoin regulatory standards align, supporting Hong Kong's role as a global stablecoin hub.

6. Pilot and transition period arrangements: A sandbox pilot will be set up to test compliance solutions, and existing issuers will be given a transition period to adjust their operations, balancing innovation and risk management.

The above views are all personal opinions.

Hong Kong's "Stablecoin Regulations" will come into effect in August. The Secretary for Financial Services and the Treasury, Christopher Hui, stated on the 7th that the Monetary Authority is currently consulting the market on implementing the regulatory guidelines, which will be published this month and will specifically involve anti-money laundering and other related requirements.

Stay tuned: BTC

#香港稳定币条例

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Hong Kong Financial Secretary: The goal is to issue stablecoin licenses within this year, indicating that the number of issued stablecoin licenses will be in single digits, hoping to receive applications once the regulations come into effect, with the target to issue licenses within this year.

#香港稳定币条例

📢【Hong Kong "Stablecoin Regulation" Effective August 1! The world's first comprehensive regulatory framework is in place】

The Hong Kong Monetary Authority will initiate the licensing application for stablecoin issuers, aiming to issue the first batch of licenses (limited to single digits) within the year🔥. The regulation requires issuers to strictly meet requirements for reserve asset segregation, redemption guarantees, etc., aimed at addressing cross-border payment challenges and promoting financial innovation and security.

#香港稳定币条例

I used the dumbest method to earn over 20 million from tens of thousands!
1. Assess the trend of a coin and predict its movement for over a month. The vast majority of trends occur within a month, and there is only one trend: it goes up. So, build your position at a low point, do not intervene, do not trade in waves, and check the profits after a month. Even tripling your investment may not require selling, because high-quality coins can increase by dozens or even hundreds of times. Alternatively, for conservative trading, double your investment to take back your principal and let the profits continue to grow.
2. Do not engage in any short selling or margin trading, especially futures; these are extremely difficult and can instantly wipe out your entire position against the market. In a downtrend, it’s better to be stuck than to go short. Because in the long-term trend, you will definitely have a chance to break free from being stuck.
3. Price predictions are often misleading; you can only roughly gauge the general direction of the market, and leave the rest to time. Don't get too absorbed in technical analysis; in cryptocurrency trading, stock-like technical analysis is not particularly effective and should only serve as a slight reference.
4. Don't bet too large; use spare money for trading. Your psychological pressure will be much lighter. Trading cryptocurrency is not your life. Don't put all your funds into one coin; take profits when you make money and leave your principal to trade.
5. In the world of cryptocurrency trading, making money without effort yields the best returns. Don’t think that the more you trade, the more you earn. What you need to do is pick one or two good coins and hold onto them, or invest regularly if you have spare cash, treating it like a savings account. The greatest profits often come from buying a coin, forgetting about it, and then checking back years later.
6. Position control and risk management are very important. Many people trade the same coins but earn far less than others because everyone's timing for entering positions is different. Since you can't buy at the lowest price, don't go all in; coins bought at high prices should have a light position. Building a position at a low price is always your safety zone. Position control means allocating the right amount among several good coins. Generally, I recommend beginners to maintain a ratio of Bitcoin to altcoins to liquid funds of 1:1:1. Also, learn to build your positions in batches: buy a portion at the current price, and add more when there is a significant drop, which can help keep your average cost low for each coin.
7. Don't stare at the market all day; don't think about trading all the time. Wealth is external; sleeping soundly, working, and eating are what you should focus on. #美国加征关税 #香港稳定币条例

Brothers, I can't hold it anymore; today I must lay it all out.
In just 5 days, once again turning 1000U into 42000U, this is not some ridiculous myth, but a result achieved with hard-earned money!

Every day when I open my phone, dozens of private messages bombard me: "Bro, I'm down to 800U, can I still play?" "Brother, help me out, I really can't hold on anymore..." Listen, this market has never shown mercy to the weak, but today I am going to teach you how to be a wolf!

Three Golden Rules for Mining:

Rule One: Strictly control your position at 50% when building your position, so you can defend and attack. Never go all in at any time because if the market crashes, an all-in position will be unable to save itself.

Rule Two: When the investment's currency rises by 2-3 times, you should sell half to recoup your costs. After that, you can use the remaining profits to negotiate with the market maker, gradually exiting when the expected price is reached. Keeping 10% of your base position can help avoid missing out on a sudden surge triggered by a strong market maker.

Rule Three: When the market goes crazy and everyone rushes to buy, you should sell your chips in stages and batches #美国加征关税

Do not be blinded by the numbers in your account; only cash funds truly belong to you, the numbers in the account are merely digits. #马斯克计划成立美国党

Three Secrets to Trading:

Secret One: For small, unregulated trading websites, do not casually invest large amounts of money to avoid the website disappearing suddenly.
If you want to participate, choose a reputable large platform.

Secret Two: There are many recent crowdfunding virtual currencies; please discern carefully. Not all projects are worth investing in, many come with risks.
Be cautious before investing, and do not rely on luck.

Secret Three: The current market is sluggish, and the overall trend is cooling down. Focus on observing for short-term operations and enter the market precisely. #BTC

For long-term investment, consider high-quality virtual currencies ranked in the global top 20, building positions gradually at low prices. #ETH

Enter the market, manage risk and funds well. Adjust your positions or cut losses promptly during market fluctuations, which is more favorable for profits. #香港稳定币条例

If you fail to act in time, you can still minimize losses.

The goal of trading is to make money, so be fully prepared to avoid unnecessary losses.

The Cryptocurrency Trust Crisis Reemerges: User Assets Frozen, How Did Platform Risk Control Fail?​

OKX's Risk Control 'Mistakenly' Affects User Assets, Trust in Crypto Again Tested​​
Recently, the cryptocurrency trading platform OKX has seen a surge in incidents where user accounts were suddenly frozen, putting the already fragile trust in the industry on high alert.

​​Assets 'Frozen', Verification Controversy High​​
Many users reported that their accounts and assets were locked without warning. A seasoned user submitted a detailed 15-year work history as required, but the thawing date was still postponed multiple times​​. Within the user rights protection group on the platform, similar predicaments are widespread: after assets are frozen, users face harsh supplementary requirements that far exceed normal KYC—ranging from over ten years of work history to five years of employment proof, and even needing to submit screenshots of cryptocurrency wallets as deep income proof​​, raising serious privacy concerns.

​​CEO Apologizes, Admits 'False Reports' Difficult to Resolve​​
In the face of public pressure, OKX CEO Xu Mingxing rarely issued a public apology, admitting that the risk control system has significant flaws—​​'false reports' occur frequently, and law-abiding users are misjudged as high risk leading to asset freezes​​. He revealed that the platform already has a compliance team of 600 people but still cannot eradicate the problem.

​​Mechanism Doubts: 24-Hour 'Escape Period'?​​
What further unsettles users is the harsh terms after thawing: even if the account is thawed, users only have 24 hours to transfer assets​​, and if they exceed the time limit, they will permanently lose trading rights​​. This design has been widely questioned as 'nominal thawing, actual tightening'.

​​Industry-Level Dilemma: Balance Between Compliance and Convenience​​
Xu Mingxing promised to optimize, but users' concerns about privacy leaks and asset security remain unresolved. The OKX incident sharply reveals the common dilemma in the cryptocurrency industry: under increasingly stringent global regulations, how to find a balance between rigid safety compliance requirements and user convenience and privacy protection?​​

This trust alarm highlights the urgency of fine-tuning platform risk control mechanisms and safeguarding user rights. How to break the deadlock is crucial for the long-term development of the industry.

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#马斯克计划成立美国党 #香港稳定币条例

At 12 o'clock tonight, Trump will announce tariff results to various countries.

The originally expiring 90-day tariff exemption has now been extended to August 1.

This is a typical case of 'policy benefits stimulating short-term logic.'

The delay in tariffs has eased market sentiment, causing prices to rebound to 110,000, but it merely postpones the trouble.

Recently, there have been rumors about 'ancient wallets transferring large amounts of Bitcoin,' which is clearly a tactic by the main players to scare retail investors into cutting losses. If they really wanted to offload, they would have done so through private transactions!

Support and resistance levels are also quite simple and clear:
Breaking below 107,800 indicates weakness, while rising to 110,500 has selling pressure.

Looking at Ethereum, it has broken through the previous high in a range-bound fluctuation, and the strong support on the four-hour chart indicates that bulls are dominant.
2630-2650 is a weekly resistance level; if it breaks through, we naturally look higher.

Remember to follow Hashini~ let's pay attention to the tariff results together tonight.

#美国加征关税 #香港稳定币条例 #长期持有策略

A friend's uncle started researching Bitcoin 10 years ago and had already registered his wallet at that time. Back then, Bitcoin was around $0.2 each, and he only had a monthly living expense of 600 yuan. He thought Bitcoin was too expensive, so he didn't buy a single coin.

Until two years ago, whenever my friends and I went to visit him, he would always bring this up, his eyes full of regret. In fact, at that time, Bitcoin was still a vague concept for him, and the pressures and uncertainties of life made him miss the opportunity.

This also made me realize that many opportunities are often right in front of us, but whether we can seize them depends on our own perception and courage. #bnb

Analysis of Altcoins That May Surge 100-300 Times in 2025

Every round of the cryptocurrency market bull market gives birth to a batch of hundredfold coins, and 2025 will be no exception. However, it is important to note that 99% of altcoins will go to zero, and only a few projects can survive and explode in the bear market.

Core Logic for Selecting Hundredfold Coins
The track must align with the narrative of the next round of the bull market (such as DeFi and NFT in 2021).
Market capitalization must be below $500 million (too high makes it difficult to have hundredfold potential).
There should be actual products or strong communities, rather than pure speculation.
Institutional or smart money involvement.

Potential Tracks and Coins for 2025

1: AI + Blockchain (The Strongest Narrative of 2025)
Logic: AI requires decentralized computing power, data, and payments, and cryptocurrency is the perfect solution.
Potential Coins:
TAO (Bittensor)

Market Cap: $3 billion (still has potential) Project: Decentralized AI model network mentioned by Vitalik Buterin.

AKT (Akash Network)
Market Cap: $800 million Project: Decentralized cloud computing, comparable to AWS.

RNDR (Render Network)
Market Cap: $3 billion Project: 3D rendering computing power market, partner of Apple's Vision Pro ecosystem.

2. Modular Blockchain (Next-Generation Public Chain Infrastructure)
Logic: The demand for Ethereum scalability has exploded, and modular blockchains are the solution.
Potential Coins:
TIA (Celestia)
Market Cap: $5 billion Project: The first modular blockchain, many Rollup projects rely on it.

DYM (Dymension)
Market Cap: $800 million Project: Modular settlement layer, very high airdrop popularity.

3. RWA (Real World Asset Tokenization)
Logic: Tokenizing US Treasuries, real estate, and stocks is a trillion-dollar market.
Potential Coins:
ONDO (Ondo Finance)
Market Cap: $1 billion Project: Partner of BlackRock, focusing on tokenization of US Treasuries.

CFG (Centrifuge)
Market Cap: $300 million Project: On-chain enterprise lending assets with high institutional holdings.

4. Depin (Decentralized Physical Infrastructure)
Logic: Using tokens to incentivize networks of real-world devices (such as WiFi, GPUs, storage).
Potential Coins:
HONEY (Hivemapper)
Market Cap: $150 million Project: Decentralized Google Maps, dash cam mining.

Daily Focus: pengu, aave, mkr, wld, tia

#美国加征关税 #香港稳定币条例