🚀Attention, blockchain enthusiasts! Hong Kong Secretary for Financial Services and the Treasury Thomas Hui recently stated that Hong Kong has not yet adopted regulations on stablecoins such as Tether (USDT) or US Dollar Coin (USDC), which means that retail investors are not allowed to trade these assets. 😱

🤔 Stablecoins, whose value is designed to be stable by being pegged to assets such as the U.S. dollar or gold, have faced serious volatility issues and even crashes in the past. Therefore, retail trading of stablecoins will not be allowed until Hong Kong officially regulates stablecoins. 🚫

💬What do you think of this issue? Feel free to speak freely in the comment area! 🗣️