#香港稳定币新规 Regulatory Sword, True and False Revealed!

On August 1, Hong Kong launched Asia's first stablecoin licensing system, which is based on two core principles: 1:1 fully backed fiat reserves + mandatory third-party audits. The market has a six-month grace period and can apply for a temporary license, but the regulators have stated clearly: It is expected that thirty percent of 'inflated' assets will be eliminated!

Market Sentiment: Ice and Fire

Compliant Entities Are Winning Big: Licenses are a 'golden signboard', with significant advantages backed by the government.

Naked Swimmers Are Panic-Stricken: Projects with unclear reserves and opaque operations must either comply or exit; the next six months will surely be a 'surge of sand'.

Confidence Is Being Restored: Real money is backing up, retail panic is easing, and institutions are beginning to seriously assess this 'legally compliant' market.

Shenlong Strategy: Seek Opportunities Amidst Stability

Risk Aversion and Reallocation: Quickly check if the issuer of your stablecoin holdings has applied for a temporary license! For those without action, it is recommended to gradually switch to 'licensed' currencies to avoid naked swimming risks.