Beijing Business Daily: Hong Kong stablecoin license review enters final stages, industry warns of regulatory policy differences with mainland China

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Deep Tide TechFlow News, February 4th, according to Beijing Business Daily, Hong Kong’s stance on issuing stablecoin licenses remains steady. The related review and research work is about to be completed. Industry insiders believe this is a choice based on the global stablecoin market risks 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 stablecoin products domestically and internationally. Additionally, participating in licensed stablecoin-related businesses in Hong Kong 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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