The financial heart of Asia is transfusing blood into the cryptocurrency world at an unprecedented speed — just today (August 10), Hong Kong Chief Executive Lee Ka-chao threw out heavyweight data: as of the end of July, local registered companies have surged past 1.5 million, with over 15,000 non-Hong Kong companies, both setting historical records! What’s more terrifying is that in just 18 months, Hong Kong attracted HKD 174 billion in direct investment, creating over 19,000 new jobs, with 1,333 companies rushing to establish a presence in Hong Kong.
1. Two-way platform: The 'smuggling channel' for global capital entering cryptocurrency.
Lee Ka-chao personally sets the tone that Hong Kong is a 'unique two-way platform in the world' — foreign capital uses Hong Kong to enter the mainland, while mainland enterprises carry the 'Hong Kong team' banner to seize emerging markets abroad. This is not just a victory for traditional finance but a golden signal for compliance in the cryptocurrency circle.
Foreign capital giant crocodiles shelling landed: Middle Eastern sovereign funds and American cryptocurrency custody giants are secretly building Asian bases under the identity of 'non-Hong Kong companies' (over 15,000!) with the goal of targeting RWA tokenization and stablecoin cross-border settlement.
Domestic capital 'clearly building the road': Lee Ka-chao reveals — mainland enterprises are collaborating with licensed exchanges in Hong Kong to push Bitcoin spot ETF and Hong Kong dollar stablecoin to ASEAN, avoiding the encirclement of the US dollar!
2. New regulations effective for 7 days, $1.5 billion rapidly injected into stablecoins!
While everyone is still guessing Hong Kong's regulatory attitude, on August 1, the new stablecoin regulations officially came to light: issuers must be licensed, reserve assets must be transparent, and a 6-month transition period is a race for survival. The market votes with real money.
Within 72 hours of the new regulations taking effect, OSL Group quickly raised $300 million, and 10 listed companies including Dmall and SenseTime crazily attracted $1.5 billion, all aimed at stablecoin underlying facilities and blockchain payment systems!
This is not just compliance — it is also state endorsement! The Hong Kong Monetary Authority names stablecoins with licenses, and offshore RMB stablecoins may gain official channels for the first time, directly challenging the dominance of USDT.
3. Explosive growth of the cryptocurrency ecosystem: 1,100 fintech companies secretly harboring 'killer licenses.'
Hong Kong is no longer a guerilla battlefield for Binance and Coinbase; the licensed army is expanding aggressively.
8 digital banks, 4 virtual insurance companies — unblocking the vital pathways between fiat and cryptocurrency.
10 licensed virtual asset exchanges — OSL and HashKey monopolize institutional traffic.
Over 1,100 fintech companies (a year-on-year increase of 15%), with 3 Web3 unicorns lurking in Cyberport!
What's more terrifying is yet to come: Lee Ka-chao states that 'the pace of investment will only accelerate,' with Middle Eastern and ASEAN emerging markets locked in. Imagine Dubai tycoons buying Bitcoin ETFs through licensed platforms in Hong Kong — a hundred billion in incremental funds is about to tear open the liquidity gap!
Window of opportunity for sudden wealth: Not seizing Hong Kong now is equivalent to giving up Asian cryptocurrency hegemony!
When the US uses regulatory sticks to expel Binance, Hong Kong is issuing licenses like crazy; when the EU imposes heavy taxes under MiCA, Hong Kong issues 'letters of credit' for stablecoins... A historic turning point in wealth has appeared.
The application window for cryptocurrency licenses in Hong Kong is tightening — only 6 months left in the transition period for new regulations, and rising compliance costs will wipe out small and medium players.
The 'borrowed sea route' for mainland users is accelerating closure — behind the surge in non-Hong Kong company registrations is the silent construction of KYC walls!
Immediate action checklist:
1 Focus on licensed exchanges like OSL and HashKey — the new coin listing bonus is limited to compliant platforms.
2 Layout RWA and stablecoin conceptual tokens — $1.5 billion in capital has already pointed the way.
3 Seize the Hong Kong Web3 talent shortage — 560 fintech positions with subsidies are open for grabs!
Hong Kong does not welcome gamblers, but rewards prophets — behind the registration of 1.5 million companies lies the decisive battle for Asian cryptocurrency hegemony!
Follow Lao Zhu, deep dive tomorrow (the life and death of Hong Kong stablecoin license applications: harvesting 30 times the targets in 6 months).