Wall Street and the Federal Reserve strike hard, causing a massive shock in the cryptocurrency market!
Powell announced the launch of the 'Stablecoin Regulatory Framework', with Hong Kong and Shanghai acting simultaneously, and Trump made a high-profile endorsement—global financial power struggles have entered a transparent phase! For retail investors, is this wave a 'harvest of leeks' or 'welfare delivery'? Plain analysis of this grand drama!
I. Wall Street's Power Grab: From Chaos to 'Dividing the Territory'
In the past, cryptocurrency regulation was like playing hot potato: SEC oversees securities, CFTC oversees commodities, resulting in the collapse of Terra and the USDT crisis, leaving retail investors with nothing.
Now the new regulations directly 'allocate land to households':
• Bank-Issued Stablecoins: Regulated by the Federal Reserve, 100% reserves + real-time audits, exclusively for corporate cross-border transfers.
• Grassroots Stablecoins: SEC regulates, must disclose assets, prohibiting 'air reserves', retail trades must pass anti-money laundering checks.
Subtext: Wall Street wants to monopolize the issuance rights of the 'digital dollar'! Want to issue stablecoins? First, ask if JPMorgan and Goldman Sachs agree!
II. China's 'Double City Chronicle': Hong Kong issues licenses, Shanghai tests the waters
• Hong Kong: The stablecoin regulations effective August 1, with only a handful of licenses issued, requiring 100% USD/RMB reserves, HSBC and Ant Group have already applied, and it may bind to the digital RMB in the future!
• Shanghai: Testing 'Blockchain + Cross-Border Payment', transaction fees reduced from 2% to 0.1%, with 10-minute settlement. The Shanghai State-Owned Assets Supervision and Administration Commission is strongly promoting blockchain applications to pave the way for the internationalization of the digital RMB.
Opportunity: Cross-border transfers, overseas shopping, or directly using the 'Shanghai version of stablecoin' to bypass banks!
III. The Federal Reserve's Backup Plan: The digital dollar is the ultimate BOSS
Powell verbally supports stablecoins but is actually promoting the 'digital dollar'—100% official endorsement, issue as much as you want.
Conspiracy Theory: Wall Street is testing stablecoins, waiting for the market to mature, and the digital dollar will directly harvest the globe!
IV. Retail Investor Survival Guide
1. Stay away from shady stablecoins: USDT, USDC, etc. need to provide public reserve proof; otherwise, the risk of delisting is high.
2. Keep a close eye on bank-issued stablecoins: Those issued by JPMorgan and HSBC are safer and may open to retail investors in the future.
3. Focus on cross-border payments: Shanghai's blockchain payments may cover e-commerce and tuition payments abroad, with great potential for related companies.
Zeus Summary:
This battle is a reshuffling of financial power. Retail investors remember: Compliance = Safety, Regulation = Opportunity! Focus on 'cross-border payments + bank-issued stablecoins', avoid air coins, and you can still make passive income by 2025!
New Regulations for Hong Kong Stablecoins #美股代币化
Twelve years in finance, exclusive secrets from pioneers in the crypto space: Insight into the market, move steadily forward, focus on how Zeus teaches you to grow steadily in value, coexistence of risks and opportunities in investing, blind operations are a big taboo in the crypto space! $BTC