#Hong Kong Stablecoin New Regulations On August 1, 2025, Hong Kong's Stablecoin Ordinance officially came into effect, marking the establishment of the world's first comprehensive regulatory framework for fiat-backed stablecoins. This historic initiative makes Hong Kong the first jurisdiction to implement in-depth regulation of stablecoins, injecting unprecedented institutional certainty into the turbulent digital asset market. According to the new regulations, any entity issuing fiat-backed stablecoins in Hong Kong, or issuing stablecoins pegged to the value of the Hong Kong dollar overseas, must apply for a license from the Hong Kong Monetary Authority. Non-bank institutions must meet a high threshold of HKD 25 million in paid-up capital, and reserve assets must be 100% high liquidity assets and independently custodied at licensed banks. Holders enjoy the unconditional right to redeem fiat currency at face value, and issuers must process redemption requests within one working day. Existing stablecoin issuers must submit their license applications by November 1, or they will enter a winding-up period. 01 Why does Hong Kong need to issue stablecoins? Seizing new heights in digital finance. Hong Kong's breakthrough in stablecoin regulation is underpinned by three strategic considerations. Consolidating its position as an international financial center. Against the backdrop of financial centers like New York, London, and Singapore competing to lay out their digital asset strategies, Hong Kong is seizing the initiative in rule-making through 'legislative foresight' to attract international institutions such as Circle and Tether to establish their Asia-Pacific headquarters. $ENA
#CFTCCryptoSprint #Hong Kong Stablecoin New Regulations On August 1, 2025, Hong Kong's "Stablecoin Regulation" officially comes into effect, marking the establishment of the world's first comprehensive regulatory framework for fiat-backed stablecoins. This historic initiative positions Hong Kong as the first jurisdiction to implement in-depth regulation of stablecoins, injecting unprecedented regulatory certainty into the turbulent digital asset market. According to the new regulations, any entity issuing fiat-backed stablecoins in Hong Kong or issuing stablecoins pegged to the Hong Kong dollar value overseas must apply for a license from the Hong Kong Monetary Authority. Non-bank entities must meet a high threshold of HKD 25 million in paid-up capital, and reserve assets must be 100% high-liquidity assets and independently custodied with a licensed bank. Holders have the unconditional right to redeem fiat at face value, and issuers must process redemption requests within one working day. Existing stablecoin issuers must submit their license applications by November 1; otherwise, they will enter a winding-up period. 01 Why does Hong Kong need to issue stablecoins? Seizing the new heights of digital finance Hong Kong's breakthrough in stablecoin regulation is backed by three strategic considerations. Consolidating its position as an international financial center. In the context of financial centers like New York, London, and Singapore competing to lay out digital assets, Hong Kong is seizing the initiative in rule-making through "legislative first" to attract international institutions such as Circle and Tether to establish their Asia-Pacific headquarters.
#创作者任务台 #Hong Kong Stablecoin New Regulations On August 1, 2025, Hong Kong's "Stablecoin Ordinance" officially comes into effect, marking the establishment of the world's first comprehensive regulatory framework for fiat-backed stablecoins. This historic initiative positions Hong Kong as the first jurisdiction to implement in-depth regulation on stablecoins, injecting unprecedented regulatory certainty into the turbulent digital asset market. According to the new regulations, any entity issuing fiat-backed stablecoins in Hong Kong, or any institution issuing stablecoins pegged to the Hong Kong dollar abroad, must apply for a license from the Hong Kong Monetary Authority. Non-bank institutions must meet a high threshold of HKD 25 million in paid-up capital, and reserve assets must be 100% high liquidity assets held independently at a licensed bank. Holders have the unconditional right to redeem fiat at face value, and issuers must process redemption requests within one working day. Existing stablecoin issuers must submit their license applications by November 1, or they will enter a winding-up period. 01 Why does Hong Kong need to issue stablecoins? Seizing new heights in digital finance. Hong Kong's breakthrough in stablecoin regulation is underpinned by three strategic considerations. Consolidating its position as an international financial center. In the context of financial centers like New York, London, and Singapore competing to establish their presence in digital assets, Hong Kong aims to seize the initiative in rule-making through "legislative precedence" and attract international institutions like Circle and Tether to establish their Asia-Pacific headquarters.
#香港稳定币新规 #香港稳定币新规 On August 1, 2025, Hong Kong's "Stablecoin Regulation" officially came into effect, marking the implementation of the world's first comprehensive regulatory framework for fiat-backed stablecoins. This historic initiative positions Hong Kong as the first jurisdiction to implement a thorough regulatory approach to stablecoins, injecting unprecedented institutional certainty into the turbulent digital asset market. According to the new regulations, any entity issuing fiat-backed stablecoins in Hong Kong, or issuing stablecoins pegged to the Hong Kong dollar value overseas, must apply for a license from the Hong Kong Monetary Authority. Non-bank institutions must meet a high threshold of HKD 25 million in paid-up capital, and reserve assets must be 100% composed of highly liquid assets and independently custodied by licensed banks. Holders enjoy the unconditional right to redeem fiat at face value, and issuers must process redemption requests within one working day. Existing stablecoin issuers must submit their license applications by November 1, or they will enter a winding-up period. 01 Why does Hong Kong need to issue stablecoins? Seizing the New Heights of Digital Finance Hong Kong's breakthrough in stablecoin regulation is underpinned by three strategic considerations. Consolidating its status as an international financial center. Amidst financial centers like New York, London, and Singapore competing to establish their presence in digital assets, Hong Kong is seizing the discourse of rule-making through "legislative foresight," attracting international institutions like Circle and Tether to set up their Asia-Pacific headquarters.
#RWA Trend RWA (Real World Assets) related cryptocurrencies have gained attention in recent years due to their ability to bridge traditional finance and blockchain, demonstrating strong potential. Tokens like $ONDO, $POLYX, $CFG, and $TRU focus on tokenizing assets such as real estate, bonds, and funds, improving transparency and liquidity. These cryptocurrencies have growth potential under institutional entry and policy support (such as the U.S. and Hong Kong promoting compliant tokens). They are viewed positively in the medium to long term, but they are still in the early stages, with high volatility and compliance risks. It is recommended to pay attention to actual asset backing, collaborating institutions, and on-chain contract mechanisms, diversify investments, and avoid heavy bets. $BNB
#RWA热潮 #RWA热潮 RWA (Real World Assets, tokenization of physical assets) related cryptocurrencies have attracted attention in recent years due to their bridging of traditional finance and blockchain, possessing strong potential. Cryptocurrencies like $ONDO, $POLYX, $CFG, and $TRU focus on assets such as real estate, bonds, and funds on-chain, improving transparency and liquidity. These types of cryptocurrencies have growth potential under institutional entry and policy support (such as the promotion of compliant tokens in the US and Hong Kong). They are optimistic for the medium to long term, but are still in the early stages, with high volatility and compliance risks. It is advised to pay attention to actual asset endorsement, collaborating institutions, and on-chain contract mechanisms, diversify investments, and avoid heavy bets.
$BNB Currently, BNB has broken through its historical high. After BTC rose, funds flowed into ETH. After ETH rose too much, funds flowed into SOL and BNB. The reason for the recent rise of SOL and BNB is the same. Following our strategy, it is important to understand the direction of sector rotation. If the direction of sector rotation is reversed, it means taking turns to take over the positions. Now the question arises, since BNB has moved, the altcoins on BSC should also start to move.
#NFT板块领涨 NFT sector continues to show strong performance, leading the market with a 2.43% increase on January 24. ZhiDeMai leads the rise, with a net inflow of 1.435 billion yuan from main funds, highlighting the market's confidence in digital assets. As a unique digital asset empowered by blockchain technology, NFTs combine art, culture, and technology, becoming the new favorite among young investors. Global large enterprises are accelerating their layouts, and with the economic recovery, the hedging properties of digital assets against inflation are becoming prominent. NFTs are transitioning from concept to practicality, opening up new spaces for growth in the digital economy.
The three legislations passed during the United States' 'Cryptocurrency Week' mark a substantial implementation of the cryptocurrency regulatory framework, opening a new era of global cryptocurrency legislation and significantly impacting the industry's direction.
'Guidance and Establishment of the National Innovation Act on U.S. Stablecoins' ('Genius Act') requires stablecoin issuers to obtain federal or state-level licenses and hold reserves in a 1:1 ratio of U.S. dollar cash, bank deposits, or short-term U.S. Treasury securities, enhancing the safety of funds, incorporating digital assets into the U.S. sovereign credit system, consolidating the dollar's hegemony in the digital age, creating demand for U.S. Treasuries, and helping to alleviate the debt crisis.
'Digital Asset Market Clarity Act' ('Clarity Act') clarifies the commodity nature of cryptocurrencies, delineates the regulatory division of labor between the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), weakens the SEC's regulatory power, and provides clear rules for the cryptocurrency market.
'Anti-Central Bank Digital Currency Monitoring National Act' ('Anti-CBDC Act') prohibits the Federal Reserve from issuing retail central bank digital currency without authorization, protects citizens' privacy and financial freedom, and builds a 'protective wall' for cryptocurrencies.
The passage of these three bills enhances the legitimacy of the cryptocurrency market, boosts investor confidence, drives up prices, and leads to a collective surge in cryptocurrencies. It also prompts changes in the competitive landscape of the industry, where compliance costs may eliminate smaller issuers, allowing the giants to potentially dominate the market. The global regulatory wave resonates, with countries accelerating the improvement of regulatory frameworks, moving the industry towards a golden period of compliance, which is expected to attract more traditional funds into the market and promote the integration of cryptocurrencies into the mainstream financial system. $SUI
#加密立法新纪元 The three legislations passed during the U.S. 'Cryptocurrency Week' signify the substantial establishment of a cryptocurrency regulatory framework, marking a new era of global cryptocurrency legislation that will profoundly impact the direction of the industry.
'Guidance and Establishment of the National Innovation Act for U.S. Stablecoins' ('Genius Act') requires stablecoin issuers to obtain federal or state-level licenses, holding reserves in a 1:1 ratio with U.S. dollars in cash, bank deposits, or short-term U.S. Treasury bonds to enhance fund security, integrating digital assets into the U.S. sovereign credit system, consolidating the dominance of the U.S. dollar in the digital age, creating demand for U.S. Treasuries, and helping to alleviate the debt crisis.
'The Digital Asset Market Clarity Act' ('Clarity Act') clearly defines the commodity attributes of cryptocurrencies, delineating the regulatory responsibilities between the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), weakening the SEC's regulatory power, and providing clear rules for the cryptocurrency market.
'The National Anti-Central Bank Digital Currency Surveillance Act' ('Anti-CBDC Act') prohibits the Federal Reserve from issuing retail central bank digital currencies without authorization, protecting citizens' privacy and financial freedom, and building a 'protective wall' for cryptocurrencies.
The passage of these three bills enhances the legitimacy of the cryptocurrency market, boosts investor confidence, drives up prices, and leads to a significant surge in cryptocurrencies. It also prompts changes in the competitive landscape of the industry, where compliance costs may eliminate smaller issuers, allowing giants to potentially dominate the market. The global regulatory wave resonates, with countries accelerating the improvement of regulatory frameworks, ushering the industry into a golden period of compliance, and expected to attract more traditional capital into the market, facilitating the integration of cryptocurrencies into the mainstream financial system.
#迷因币情绪 #迷因币情绪 Memecoin market sentiment may continue to fluctuate over the next month, driven by community hype, celebrity endorsements, and market speculation. Recently, the trading volumes of Dogecoin (DOGE) and Shiba Inu (SHIB) have surged, indicating strong enthusiasm from retail investors, but the price fluctuations are severe, posing significant risks. Promotion by political figures and relaxed regulations may fuel a 'criminal super cycle', necessitating vigilance against fraud risks. Community culture and viral spread will continue to raise awareness, but the lack of fundamental support may lead to price instability. Investors should pay attention to community dynamics, changes in trading volume, and policy impacts, while maintaining rationality and participating cautiously in high-risk speculation.
#My Strategy Evolution Refinement and Optimization Period: Multi-dimensional Improvement, Enhancing Adaptability - Characteristics: The strategy shifts from 'single logic' to 'multi-factor integration', beginning to consider more variables (such as market sentiment, capital flow, macro environment) and incorporating dynamic adjustment mechanisms. - Driving Factors: A deeper understanding of market complexity, realizing the limitations of a single dimension, and hoping to enhance the robustness of the strategy through 'combinatorial logic' (for example, a composite strategy of trend + momentum + risk control). $BTC
#我的策略演变 #我的策略演变 Refinement and Optimization Period: Multi-dimensional Improvement, Enhancing Adaptability - Features: Strategy shifts from 'single logic' to 'multi-factor integration', beginning to consider more variables (such as market sentiment, capital flows, macro environment), and incorporating dynamic adjustment mechanisms. - Driving Factors: A deeper understanding of market complexity, realizing the limitations of a single dimension, and hoping to enhance the robustness of the strategy through 'composite logic' (such as a compound strategy of trend + momentum + risk control).
#我的策略演变 #US Crypto Week should be an annual event in the United States, and it should be similar to the Bitcoin conference. This also proves that cryptocurrency has become well-known and is no longer a novelty. Cryptocurrency should have seen a small increase in Bitcoin before this conference. Everyone sees it as high now, but no one knows when it will drop. Those of us who think less should quickly become obsolete. We wonder if there will be another cycle in the future and whether we will still be alive to witness the next cycle.
#美国加密周 #美国加密周 should be an annual American cryptocurrency week, which should actually be similar to the Bitcoin conference. This also proves that cryptocurrency has become well-known and is no longer a novelty. Cryptocurrency should have a small increase in Bitcoin before this conference; everyone sees it as high now and doesn't know when it will drop. Those of us who think less should soon be eliminated. I wonder if there will still be some cycles of time passing, and whether we will still be alive to see the next passage of time.
#美国加密周 #美国加密周 should be the annual American cryptocurrency week, and it should be similar to the Bitcoin conference. This also proves that cryptocurrency has become widely known and is no longer a novelty. Cryptocurrency should have had a small rise in Bitcoin before this conference. Everyone sees it as very high now, and no one knows when it will drop. Those of us who think less will likely be eliminated soon. We wonder if there will still be some passage of time in the future, and whether we will still be alive to witness the next passage.
#交易策略误区 #交易策略误区 Misconception of Repeated Calculation of Technical Indicators Using similar indicators such as RSI, MACD, and KDJ simultaneously is essentially a multiple verification of the same signal. Backtesting has proven that adding more than 5 oscillators actually reduces strategy returns by 28%. A scientific combination should be: 1 trend indicator (such as EMA) + 1 oscillator (such as CCI) + volume verification.
The show begins! BTC long and short battle, who will be the first to get liquidated? Current situation: BTC has hit a new high again. BTC is currently at its peak, with the bears being killed off by 80%. Looking up, there are still a bunch of shorts waiting to be "harvested" at 113,000, and looking down, there are a large number of longs that could "liquidate" at 106,500 at any moment. Data speaks: The exchange's "harvesting plan" Calculations show that the liquidation area for the shorts above is greater than that for the longs below. What does this mean? For example: It’s like a fisherman discovering that the fish density upstream is greater than downstream, so he will definitely choose to cast his net upstream. The exchanges are the same, with the shorts above being more lucrative, and the profits from going long and harvesting the shorts being higher. Key price levels: Where is the lifeline? Above 112,800: The "nightmare threshold" for the shorts; breaking through may trigger a chain liquidation. Below 106,500: The "defensive line" for the longs; losing this level will trigger an avalanche of liquidations. Real case review: Do you remember the time last year when BTC plummeted from 28,000 to 25,000? It was triggered by entering a dense area for long liquidations, resulting in a loss of 1 billion USD within a few hours! $BTC
#套利交易策略 The show begins! BTC long and short battle, who will be the first to be liquidated? Current situation: BTC has reached a new high BTC is currently at its peak, the bears have been slaughtered by 80%, looking up there are still a bunch of shorts waiting to be 'harvested' at 113,000, looking down at 106,500 there are a large number of bulls that may 'liquidate' at any moment. Data speaks: The exchange's 'harvesting plan' Calculations show that the area for short liquidations above > the area for long liquidations below. What does this mean? For example: It's like a fisherman discovering that the fish pile upstream is denser than downstream, he will definitely choose to cast his net upstream. The exchanges are the same, the shorts above are more lucrative, and the 'profits' from long positions harvesting shorts are higher. Key price levels: Where is the lifeline? Above 112800: The 'nightmare threshold' for shorts, breaking through may trigger a chain liquidation Below 106,500: The 'defensive line' for bulls, losing it will trigger an avalanche of liquidations Real case review: Remember last year when BTC plummeted from 28,000 to 25,000? It was because it triggered a dense area of long liquidations, resulting in 1 billion dollars evaporating within a few hours!
The show starts with #BTC再创新高 ! The battle between BTC bulls and bears, who will be the first to get liquidated? Current situation: BTC has reached a new high again. Currently, BTC is at its peak, with 80% of the bears getting slaughtered. Looking up, 113,000 has a bunch of shorts waiting to be "harvested," and looking down, 106,500 has a large number of longs that might "liquidate" at any moment. Data speaks: The exchange's "harvesting plan" Calculations show that the liquidation area for shorts above > the liquidation area for longs below. What does this mean? For example: It's like a fisherman finding that the fish pile upstream is denser than downstream, so he will definitely choose to cast his net upstream. The exchange is the same; the shorts above are more lucrative, and the "profit" from harvesting shorts is higher. Key price levels: Where's the lifeline? Above 112800: The "nightmare level" for shorts, a breakthrough could trigger a chain liquidation. Below 106,500: The "defensive line" for longs, losing it will cause an avalanche of liquidations. Real case review: Do you remember last year when BTC plummeted from 28,000 to 25,000? It was triggered by hitting a dense liquidation area for longs, resulting in a loss of one billion dollars in just a few hours!