The cryptocurrency market is undergoing a dual regulatory storm, with ongoing regulatory actions in Hong Kong and the mainland, reshaping the market landscape! $SOL $XRP $BNB

The mainland's regulatory upgrade has classified stablecoins as illegal financial activities, led by the central bank and 13 departments in 2025, implementing "full-chain blocking," solving numerous related cases, blocking money laundering paths, and also supporting the promotion of the digital renminbi, whose cross-border payment scale has exceeded 10 trillion.

Hong Kong is "blood transfusing" USDT, as the issuer has not met licensing requirements, restricting retail trading, raising capital thresholds, and screening compliant institutions to guide stablecoins in serving the real economy.

Now, the market landscape is differentiated both internally and externally, with stablecoin trading in the mainland shrinking, and funds flowing towards the digital renminbi; Hong Kong is attracting institutions such as Sequoia Capital. Under regulation, compliance is the way forward. Pay attention to cryptocurrency dynamics, grasp investment directions, and together, we will move steadily forward in the tide of compliance!