A Major Shift in the Global Crypto Landscape! Is Tether in Trouble?

💎 Nuclear-Level Policies:

The world's first comprehensive regulatory framework for stablecoins is here

Issuers must operate with a license

Strict reserve and redemption guarantee system

⚡️ Three Major Killer Moves:

1️⃣ Prohibition of promoting to retail investors without permission

2️⃣ Immediate enforcement after a 6-month transition period

3️⃣ Violators will face criminal penalties

💣 Industry Earthquake:

Over-the-counter trading platforms face major reshuffling

Tether's Hong Kong operations may be severely impacted

Traditional financial institutions welcome new opportunities

🌏 Global Competition:

✅ The US GENIUS Act is being advanced simultaneously

✅ Hong Kong aims to reclaim its status as a crypto hub

✅ The regulatory game between China and the US is intensifying

🚨 Experts Warn:

"The Hong Kong market is too small to shake USDT's dominance"

"This may be the beginning of traditional finance harvesting crypto"