Brothers, Hong Kong stablecoin regulatory bombshell update!
According to the latest report from Caixin, the Hong Kong Monetary Authority has done a bold operation — launching the stablecoin license application on August 1, not open for free grabbing, but changed to an "invitation system"! In simple terms: the Monetary Authority will first privately assess, and only those with sufficient strength will receive the application form! This move has directly turned the compliant track into a "limited edition entry ticket"; those in the know have already adjusted their positions overnight!
Hong Peizheng warns: Stop speculating! There's a big strategy behind the regulations.
Hong Kong Monetary Authority Chairman Hong Peizheng's latest statement:
"Stablecoins should not be short-term speculative tools, but rather part of a long-term strategy! What Hong Kong needs to do is to promote payment infrastructure and asset digitization!"
What does this mean? Two layers of meaning:
Warning: Sham stablecoins and high-interest investment schemes should stop immediately; after August 1, those who dare to violate regulations will face total annihilation!
Big aspirations: Hong Kong aims to use stablecoins to facilitate cross-border payments and RWA (real asset tokenization), especially as a super channel for RMB internationalization!
"Invitation system" licensing: Who will securely obtain the entry ticket?
Hong Kong Monetary Authority's clear stance: Licenses are only issued to elites, not retail investors! Three categories of institutions win passively:
Banking giants: Standard Chartered and ZhongAn have entered sandbox testing, backed by trillions in deposits, issuing stablecoins is like turning on the money printer;
Payment leaders: Ant Group and JD Digits have already laid out cross-border scenarios, HKD/RMB stablecoins are riding the e-commerce express!
Licensed exchanges: HashKey and OSL hold 11 compliant licenses, directly connecting the "stablecoin-virtual asset" closed loop!
Retail investor action guide:
Immediately liquidate small exchange stablecoins (especially algorithmic ones), switch to USDC, DAI for safety;
Positioning Hong Kong and U.S. stocks: BABA** (related to Ant Group), **OSL (OSL Group), enjoy the policy dividends to the fullest!
Hong Kong's ambition: Not competing with the dollar, but specializing in the RMB sector!
Hong Peizheng candidly states: "Hong Kong is not competing with dollar stablecoins for food!" Instead, it is fully betting on two major directions:
Cross-border payments: Utilizing "Belt and Road" trade to promote HKD/RMB stablecoins, replacing SWIFT’s costly and slow transfers;
RWA asset tokenization: Real estate and bonds on-chain, retail investors can also share the pie!
For example: Mainland enterprises use Hong Kong-issued RMB stablecoins to pay for goods, saving 90% on fees and achieving instant transfer!
Impact on the crypto world: Compliance faction celebrates, meme coins meet their doom!
The bullish bombers have taken off:
Compliance stablecoin value skyrockets: USDC issuer Circle quickly applies for a license, on-chain reserves can be checked in real-time;
RWA sector explodes: BlackRock's $BUIDL fund raises $260 million in one week, compliant assets are in demand;
Bitcoin and Ethereum are winning passively: Institutions enter the market with stablecoins, BTC stabilizes at $110,000, ETH surges past $3,700!
Minefield checklist:
Sham stablecoins (without 100% reserves);
High-interest investment schemes (promising 2% daily interest are all scams);
Unlicensed exchanges (small exchanges can run away at any time)!
Airs' perspective: Regulation is an accelerator for bull markets!
The gold can only be seen after the sand washes away.
Hong Kong's "invitation system" is like gilding licenses! Historical reference: last year, after issuing licenses to 11 exchanges, $OSL's stock price doubled in three months. This round of stablecoin licenses is even rarer; the first batch of licensed institutions are like sitting in the money-printing workshop!
Three strategies for retail investors to earn passively.
Hedging: Sham stablecoins → compliant stablecoins (USDC, DAI);
Positioning Hong Kong and U.S. stocks: Banking partners (COIN), payment leaders (BABA);
Long-term holding of RWA assets: MKR (DAI issuer), ONDO (BlackRock partner).
Beware of the "sell-off upon regulatory enforcement" trap.
August 1 is just the starting point for licensing, not the end! The real market momentum lies in the issuance of licenses + the explosion of application scenarios (expected by the end of 2025); hold your chips and don’t get shaken out!
Conclusion: Follow the policy and enjoy the benefits without getting hurt!
Hong Kong's recent actions are like giving the crypto world a "Rolls Royce black card" — limited edition, high-end, and extremely valuable! Remember:
Every tightening of regulation is a gift of money to compliant leaders!
I am Airs, guiding you through the fog of the crypto world to seize hardcore opportunities! Follow me, as we keep a close eye on crypto opportunities amid the trade war storm! What you lack is not luck, but Airs' top-notch team!
