2025-12-25 07:23:49

Hong Kong's crypto regulation welcomes new changes, and these two trends are not to be missed

First: Stablecoin regulation crackdown begins

The Hong Kong Financial Authority is advancing a compliance framework for stablecoins. Notably, mainstream stablecoins have not been completely delisted but are being repositioned under clearer regulatory standards. This crackdown mainly targets stablecoin products that lack sufficient asset backing or transparency. For well-established coins with robust risk control and disclosure mechanisms, they may actually gain a more solid compliance status.

What does this mean? On one hand, substandard stablecoins face elimination; on the other hand, compliance costs will increase, but in the long run, market trust can be enhanced. For traders, it is important to pay attention to the compliance certification of issuers when using stablecoins in Hong Kong and Macau regions.

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BlockImposter

· 2h ago

The clearance of bad coins should have happened a long time ago. A bunch of stablecoins with no backing really need to be cleaned up. However, if compliance costs increase, small retail investors should be more cautious.

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BlockchainFries

· 3h ago

Here we go again with regulations. Is Hong Kong planning to eliminate all the unapproved stablecoins?

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TokenStorm

· 3h ago

On-chain data shows that this wave of regulation is actually beneficial for leading stablecoins. Projects with sufficient asset backing have a directly reduced risk factor. This is a classic case of the bad money driving out the good in a reverse operation. I need to recalculate the liquidation price again based on this arbitrage opportunity.

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GameFiCritic

· 3h ago

This wave of clearing out low-quality stablecoins in Hong Kong, to put it simply, is market optimization... In the long run, it indeed benefits leading cryptocurrencies, but the rising compliance costs might cause small and medium projects to struggle. The boost in trust sounds good, but who would really feel assured just because of a certification?

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AirDropMissed

· 3h ago

Low-quality stablecoins should be phased out. The recent actions in Hong Kong are actually quite rational; in the long run, they are beneficial to the market... It's just that transaction costs will have to rise again, but that's because we need to comply.

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ApeWithNoFear

· 3h ago

The clearance of bad coins should have happened earlier, but compliance costs have increased... It doesn't affect big investors much, small retail investors need to be more cautious.

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