Deep Tide TechFlow News, on February 4th, according to Beijing Business Daily, Hong Kong's stablecoin license issuance attitude remains steady. The related review and research work are about to be completed. Industry insiders believe this is a choice based on the risks in the global stablecoin market and the actual development of Hong Kong's financial sector. However, investors should be aware of the regulatory policy differences between Mainland China and Hong Kong regarding stablecoins. It is recommended that investors stay away from all types of unlicensed domestic and overseas stablecoin products. Additionally, participating in Hong Kong licensed stablecoin-related businesses across borders must comply with Mainland China's foreign exchange, cross-border transaction, and other relevant regulatory rules. Be cautious of irrational investment risks caused by market speculation and avoid blindly engaging in related trading activities.
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Deep Tide TechFlow News, on February 4th, according to Beijing Business Daily, Hong Kong's stablecoin license issuance attitude remains steady. The related review and research work are about to be completed. Industry insiders believe this is a choice based on the risks in the global stablecoin market and the actual development of Hong Kong's financial sector. However, investors should be aware of the regulatory policy differences between Mainland China and Hong Kong regarding stablecoins. It is recommended that investors stay away from all types of unlicensed domestic and overseas stablecoin products. Additionally, participating in Hong Kong licensed stablecoin-related businesses across borders must comply with Mainland China's foreign exchange, cross-border transaction, and other relevant regulatory rules. Be cautious of irrational investment risks caused by market speculation and avoid blindly engaging in related trading activities.