Delta 32

Hong Kong will officially implement the "Stablecoin Ordinance" on August 1, 2025, becoming the world's first jurisdiction to establish a complete regulatory framework for fiat-collateralized stablecoins. #BTC

The ordinance requires issuers to apply for a
license and meet the following core requirements:
‌Capital threshold‌: At least 25 million HKD in paid-in capital;
‌Asset segregation‌: 100% of reserve assets must be high liquidity, low-risk assets;

‌Mandatory redemption‌: Must process holders' redemptions unconditionally at face value.
The regulatory goal is to balance financial innovation with risk control, gradually promoting compliant issuance through a sandbox mechanism.

Currently, only fiat-collateralized stablecoins pegged to the Hong Kong dollar are allowed, contrasting with the strict restrictions on virtual currencies in the mainland.

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🈲㊙️$ETH Aunt completed the highest 33 consecutive wins in November at midnight, but the order was interrupted again. (In October, it was 29 consecutive wins, with each transaction publicly available for verification) Today is December 1st, the time for market change is at 8 AM when the monthly line closes. At 8 AM, it directly broke and crashed without looking back. Bitcoin has broken through a rising shoulder top channel, while Ethereum's position is quite foolish, peaking at 3099, and facing heavy selling pressure. It started to drop in the morning, also forming a standard descending channel. If the night orders were asleep, this order could have been exited at breakeven, but since I went to sleep, it ended up in loss. Therefore, in trading, we must accept losses where losses are due and take profits where profits are due. There are no winning generals in trading. Brothers in the live room and small circles, what you can do is to maintain fixed positions and not blindly follow the winning streak effect, especially with heavy positions and no stop-loss. This has been mentioned frequently in the live room because you never know which stop-loss might hit you just at that moment. So, stick to fixed positions and strict stop-losses. We are not trading for just one or two days; we need to treat trading as a business to manage. We must refine our trading system to achieve a trading system with positive expected value. This requires inheritance. In a bear market, trading volume is weak, and we need to be patient to wait for good opportunities. Avoid engaging in altcoins as they are more prone to being manipulated. Let go of the restless mind and focus on doing trading well. A moment's success or failure does not determine the future. Though the road is long, if you proceed, you will reach your destination. Slow is fast. On the journey of life, walk alongside dreamers and do meaningful things together with like-minded friends. On the journey of life, walk alongside dreamers. Brothers, let’s encourage each other.

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