7 years of imprisonment + 5 million fine! Hong Kong is slaughtering the wild dogs of the crypto circle
Licenses turn into gold: 90% of institutions are exiting
Brutal elimination: Over 50 giants competing for 3-4 licenses, elimination rate exceeds 90%!
Deadly threshold: Actual payment of 25 million HKD + 100% cash/government bond reserve + redemption within 1 day, small and medium institutions are wiped out.
Life and death line: Those who do not obtain a license must exit Hong Kong by November 2025, violators face severe penalties of 7 years imprisonment + 5 million!
Impact: Liquidity of unlicensed stablecoins dries up, Hong Kong users collectively abandon them.
Market sentiment: De-bubbling in progress
Regulatory cooling: The Monetary Authority warns that licenses do not equal profit, naming speculators such as Huajian Medical, Hong Kong stock concept stocks plummet.
Capital shift: Companies riding the hot trend collapse, real performance companies rise against the trend.
Speculation on licenses ends, stock prices of unsuccessful companies drop to zero.
Investment logic dramatically changes:
Cross-border payments: Standard Chartered tests transfer arriving in 3 days, fees drop from 25 USD to nearly zero, giants like JD.com/Ant Group dominate the scene.
RWA: Charging piles/photovoltaic power stations go on-chain, stablecoins become on-chain cash.
Conclusion: Pure speculation on coins is doomed, stablecoins linked to trade, energy, and real estate will survive!
Global game: Rare earth stablecoins launch a surprise attack on the US dollar
Hong Kong's regulatory weapon: Value anchoring model crushes US and European efficiency, supports multiple currencies
Renminbi nuclear bomb: China Rare Earth Group launches rare earth-specific Renminbi stablecoin, forcing overseas buyers to use it, striking at the heart of US dollar settlement!
Pattern: US dollar stablecoins connect internationally + Renminbi stablecoins access the mainland, Hong Kong firmly establishes itself as a hub.
Shenlong directive
Opportunities:
2026 license list;
RWA implementation;
CNH stablecoin approval.
Risk avoidance: Clear out unlicensed stablecoins before January 2026, be wary of small coin runs.
Shenlong operation
Defense: Stay away from small stablecoins without scenarios;
Offense: Ambush cross-border payment chains and RWA infrastructure companies.
Policy ambition: State-owned enterprises' “rare earth stablecoins” force external circulation, Hong Kong is leveraging global settlement hegemony!
Opportunities and risks coexist in the crypto circle, stay vigilant, and timing is key. Shenlong has also discovered a short-term skyrocketing project with huge doubling potential! Want to keep up? Follow Shenlong for free sharing! Follow Shenlong trends
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