#香港稳定币新规
Hong Kong's "Regulatory First" Model May Become the Asian Standard
The core impact of Hong Kong's new regulations is:
✅ Catalyzing Regulatory Upgrades in Asia: Forcing Singapore, Japan, and South Korea to accelerate legislation, creating a "compliance race";
✅ Reshaping Project Location Logic: Leading institutions (especially those involved in RMB operations) view Hong Kong as the preferred choice, while small and medium-sized projects shift to the Middle East or Southeast Asia;
✅ Defining a New Order in Digital Finance: If offshore RMB stablecoins and digital Hong Kong dollars successfully collaborate, Hong Kong will transform from a "financial transit hub" to a "digital asset pricing center."