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#数字资产市场观察 Recently saw that Hong Kong has introduced new regulations for stablecoins. To be honest, the details are quite vague.



Is this round of adjustments aimed at regulating market order, or will it directly stifle a batch of projects? For the stablecoin teams that are already operational, is this a green light or a tightening of restrictions? Whether market sentiment will shift because of this is hard to say.

There is nothing wrong with regulation itself; compliance is the trend. But the problem lies in how the terms will be enforced. To what extent will the standards be applied? If a one-size-fits-all mandatory exit mechanism is implemented, the entire crypto ecosystem may need to be rebuilt from scratch. Some projects won't be able to withstand it, and some players will withdraw, making a reshuffle inevitable.

Is there anyone inside the circle who can reveal some actual situations? Is the strength of this policy implementation really as fierce as rumored?

$BTC $ETH
BTC-5.8%
ETH-7.11%
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AirdropAutomatonvip
· 20h ago
The policy in Hong Kong is really a bit of Schrödinger, no one knows what's going on. Will there be a direct bloodbath this time? We have to wait for the real details to come out. Compliance is a good thing, but the execution strength is the devil; it can be a one-size-fits-all approach. I heard that several stablecoin teams are holding their breath, fearing this might be the final blow. Before the details are clear, let's wait and see; anyway, BTC and ETH won't run away. People in the industry should show up quickly, don't hide. If it's as ruthless as rumored, a large number of projects might have to shut down for good. Who knows, anyway, regulation in this area is always a black swan.
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ZenChainWalkervip
· 20h ago
This policy in Hong Kong is essentially a test, the real killer move hasn't arrived yet. If it's a one-size-fits-all approach, our batch of stablecoin projects will indeed need to be shuffled, but I bet it won't be this harsh this time. Let's wait and see how it will be executed; the details are the killer.
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NFTragedyvip
· 20h ago
Hong Kong is playing with "fuzzy regulation" again, it's really unbelievable, in the end, it's still the retail investors who get hurt. A one-size-fits-all approach should have come long ago, hurry up and wash it out, only the tough ones can survive. The regulatory documents are not out in full yet, what are you all talking about, wait for the shoe to drop before crying. Such things have always been loud thunder but little rain, don't think too much, just continue to stock up. Let’s wait and see if there are any arbitrage opportunities, there are the most chances during chaos.
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GasFeeTearsvip
· 20h ago
Hong Kong's approach to regulation is truly Schrödinger's regulation; no one can clearly say whether it's Favourable Information or Unfavourable Information. If a one-size-fits-all approach really comes, this round of reshuffling could be quite disastrous. Just waiting for the insider to leak information; don't just throw out big moves without stating the rules. Whether the stablecoin game can continue mainly depends on how it gets restricted; it feels like it's still in a testing phase. Without specific guidelines, there's no way to proceed; everything is just speculation now.
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