#稳定币监管风暴
🌪️ **Stablecoin Regulatory Storm: Global Regulatory Competition Intensifies**
**Hong Kong Takes the Lead**: The Stablecoin Regulation came into effect on August 1, mandating that reserve assets be 100% segregated, enhanced due diligence for transactions exceeding 100,000 HKD, and establishing a user identity penetration management mechanism.
**United States Joins the Fray**: On July 18, Trump signed the GENIUS Act, establishing a federal regulatory framework—**100% USD or US treasury reserves**, tiered regulation (over 10 billion USD directly managed by the Federal Reserve), **prohibiting tech giants from issuing their own coins**, while also setting up a “National Bitcoin Reserve” and banning central bank digital currencies.