$ENA families, the new regulations on stablecoins in Hong Kong are definitely worth discussing! The implementation of the new regulations has a significant impact on those of us who want to venture into the stablecoin space. Compliance thresholds and issuance requirements directly affect whether we can play securely. The previous concerns about regulatory ambiguity and uncontrollable risks have been somewhat clarified with these new rules. However, some people are worried that compliance costs might increase. How will small players adapt? But looking at it from another angle, a regulated market could be healthier, and the credibility and liquidity of stablecoins might improve. Whether you want to enter and share the pie or are already in the circle, you need to thoroughly understand the new regulations and follow the policies to ensure safety. #HongKongStablecoinNewRegulations This wave presents both opportunities and challenges, so we need to stay alert and not miss the direction!