"When bank tellers start discussing Bitcoin candlesticks, you know this financial revolution has entered the mainstream battlefield — the license from Zheshang International is not a key, but TNT to blow open the high walls of traditional capital!"

Tang Seng's viewpoint: The triple nuclear explosion force behind the license.
1. The regular army of Chinese capital 'robbing with a license' turns the retail investor's risk shield into a sickle.
Why break the ice? Zheshang International, backed by China Merchants Bank (with total assets exceeding 9 trillion), becomes the first licensed Chinese brokerage in Hong Kong, with national-level financial capital entering the cryptocurrency market with compliance identity for the first time. This means: the money in bank savings accounts can finally flow 'legally' into cryptocurrencies — hundreds of billions of traditional funds will open the inflow channels, turning retail investors' opponents from wild speculators to fully armed institutional whales.

2. Hong Kong's ambition of becoming 'Crypto Wall Street': Turning policy dividends into real money.
Policy chain punches: The Hong Kong Securities and Futures Commission launched the 'A-S-P-I-Re' five pillars (Connection, Protection, Products, Infrastructure, and Contact) in February, with the stablecoin regulations effective from August 1, and Zheshang obtaining a license marks the regulatory framework transitioning from 'paper blueprint' to 'live ammunition' phase.
Next move: Major Chinese financial institutions such as Citic and CICC will surely follow up quickly (Greenland Asia has already been approved for license upgrade), Hong Kong will become an Asian compliance cryptocurrency hub, and the policy arbitrage window will last at most six months!

3. Are we at the end of the bear market? No, it’s a reconstruction of the retail investor's survival model!
Short-term impact: Licensed exchanges OSL and HashKey (platform token KEY) benefit directly, while speculative funds may raid Hong Kong concept coins (like CFX); the RWA (Real World Asset tokenization) track becomes the first choice for institutions, ONDO (BlackRock collaboration) and POLYX (compliance protocol) may explode.
Bloody lessons: After the approval of BlackRock's Bitcoin ETF in 2023, retail investors chased high altcoins and ended up getting cut — institutions only lift compliant assets, while chaotic speculation on meme coins will surely become cannon fodder!
Tang Seng's aphorism: Zheshang International will not pump altcoins themselves — they will only buy BTC/ETH to new historical highs and then use compliant ETFs to harvest retail premium!
"The outcome of this Normandy landing has long been predetermined: institutions sail their aircraft carriers to crush the grassroots and counterfeiters, while the smart ones quietly climb aboard — will you wait to be bombarded, or will you grab a lifeboat with me to salvage the gold from the sunken ship?"
If you want to delve deep into the cryptocurrency world but can't find a clue, and wish to quickly get started and understand the information gap, click on my avatar to follow me for first-hand information and in-depth analysis!#香港加密货币ETF $BTC
