Urgent Notice! The Hong Kong Monetary Authority's Latest List: These 5 Types of Coins Will Face a Major Cleanup
1. Policy Dividend: Stablecoins/RWA Explosion
Stablecoins Fully Compliant: Hong Kong implemented the "Stablecoin Regulations" on August 1, requiring licensed issuance + 100% reserves + daily audits. Giants like Ant Group and Standard Chartered are competing for licenses, and expectations for HKD/CNY stablecoins are heating up.
RWA Acceleration: The government is leading the issuance of tokenized bonds, with banks' tokenized asset trading volume at HKD 26.1 billion, accelerating property/stock on-chain, and the global RWA scale may reach USD 16 trillion.
2. Incremental Funds Entering the Market
Banks as New Entry Points: 22 Hong Kong banks are selling digital asset products, with 13 selling tokenized securities. Ordinary users can directly purchase BTC/ETH spot ETFs through bank apps, significantly lowering traditional funding thresholds.
Institutions Investing Real Money: BlackRock issued a USD 2.8 billion tokenized fund, Ant Group raised CNY 100 million financing through charging pile assets, and private bank asset management has grown by 14% in six months.
3. Regulatory Elimination Competition Initiated
License Threshold Eliminates 90% of Players: The Monetary Authority issued only a "single-digit" number of stablecoin licenses in the first batch, requiring HKD 25 million in capital + strict review. Ant Group, JD.com, and Standard Chartered have the advantage, while small teams are eliminated.
Algorithmic stablecoins are completely banned; only 100% reserve types are allowed.
4. Breakthrough in RMB Internationalization
Breaking the Dollar Stablecoin Monopoly: Hong Kong supports multi-currency pegs, and Shenzhen enterprises have already used Euro stablecoins for cross-border trade settlements.
Mainland Funds Entering the Market Compliantly: The Stock Connect and ETFs serve as channels, strengthening Hong Kong's role as a "super contact."
5. Operational Strategy
Short-term: Bet on the RWA track and Hong Kong license-related projects.
Long-term: Embrace compliant entry points and stay away from meme coins.
Core Data: Hong Kong's digital asset trading volume is HKD 26.1 billion.
In Simple Terms: Hong Kong only releases clean water; large institutions reap compliance dividends, ordinary people buy ETFs/RWA, and stay away from meme coins!
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