《Hong Kong's Sudden Strike on Stablecoins! USDT Holders, Cut Your Losses Quickly, Withdrawal List Exposed in 3 Days》
When the Hong Kong government tightens the 'tap' on stablecoins, the entire cryptocurrency sector shakes — not all stablecoins are 'stable'; some are simply time bombs wrapped in a sugar coat!
To put it bluntly: How do the new regulations affect your money?
1. Avoid these 'time bombs' in the short term
Last year, a certain algorithmic stablecoin (like UST) collapsed overnight, leaving countless people with zero assets. The Hong Kong government is targeting this type of 'air stablecoin'! Your countermeasure: Immediately check the stablecoins in your wallet: USDT has poor transparency (its reserves are a mystery), prioritize converting to USDC (which has applied for a Hong Kong license); any obscure coins in exchanges with 'USD' in the name (like XXUSD) should be liquidated immediately, as they may be delisted from the Hong Kong exchange next month!
2. Exchanges are about to change
Warning of a crash: If regulations require reserves to be held in local Hong Kong banks (like HSBC, Bank of China), exchanges like Binance that heavily use USDT may see withdrawal speeds decrease (refer to the 2023 USDT run on withdrawals, which caused a 3-day paralysis). Opportunity: Licensed exchanges in Hong Kong (OSL, HashKey) may see their platform tokens skyrocket — capital risk aversion + exclusive compliance licenses = effortless traffic wins!
Qiongqi's personal bold statement: Don't listen to project teams bragging about a 'decentralized stablecoin revolution' — this knife from Hong Kong specifically targets the wild cards without backers!
Want to know whether to short or go long tonight? Follow Qiongqi for the latest information; the Qiongqi team only serves those with ambition!
