"A day in the crypto world is like a year in the human world," One week after the implementation of the stablecoin regulations in Hong Kong, OTC trading volume plummeted by 33%, and the crypto sector is facing the strongest regulatory storm! Hong Kong requires stablecoin issuers to be licensed, trades to be real-name, and funds to be monitored throughout the process. The OTC market is suddenly in turmoil, with multiple platforms making urgent adjustments and some smaller exchanges suspending fiat currency exchanges.
In the short term, as OTC serves as the main channel for fiat currency inflows, the sharp decline in trading volume tightens market liquidity, exacerbating price volatility of mainstream coins and causing altcoins to crash. However, in the long term, strict regulation can combat money laundering, fraud, and other illegal activities, creating a healthy environment for compliant projects.
I believe that investors should not panic blindly; in the future, only compliant trading platforms and projects will survive. It is recommended to avoid OTC trading and choose compliant exchanges; pay attention to stablecoin projects certified by regulators; and control positions in response to market stabilization signals. Remember, in the era of compliance, only those who survive are the winners! If you're confused, just follow me. The Zhuque Helix team is already in place! We will ignite the prairie fire of ambition and madness! #ETH突破4600 朱雀趋势