I still don't understand what digital currency is.

$LUNA

{spot}(LUNAUSDT)
It's explosive! The Hong Kong and mainland double kill of USDT, is it the end of the bull market or a signal to get in?

The double regulatory storm in Hong Kong has turned the circle upside down: the mainland is criminalizing stablecoins, and Hong Kong has set a death line for USDT licenses. The whole network is shouting, "The bull market is over," but the truth might make you slap your thigh!

Let’s clarify things, don’t be misled by clickbait:
Mainland: 13 departments have joined forces to seal all loopholes! Directly defining stablecoins as "illegal financial activities," all links of issuance, trading, and payment are cut off, with dual measures of cutting off channels + criminal accountability! In the first 10 months of this year, 342 cases were solved, intercepting 4.6 billion in funds. To put it bluntly, it's blocking the gray industry and paving the way for digital RMB (this year, cross-border payments have exceeded 10 trillion), this move is serious!

Hong Kong: It's not that USDT is being delisted! It’s that unlicensed U is not allowed for retail investors, only open to professional investors! The new regulations require a paid-in capital of 25 million HKD + 100% high liquidity reserves, traceable in real name. Essentially, it’s paving the way for compliant funds to clear the market, it’s not a crackdown, it’s a blood transfusion!

The most ironic scene comes: U drops while coins rise! ETH violently surges, BTC holding structure optimizes, funds crazily flow from U to mainstream coins—this isn’t capital flight, it's clearly money in stablecoins scrambling for quality assets!

To say a hard truth: the real bad news isn’t regulation, it’s that you’re still panicking about U dropping while others are already bottom-fishing mainstream coins! The stricter the regulation, the more it squeezes out gray funds, the closer it gets to the point where mainstream funds enter, this is the golden swapping period before capital restructuring!

Policies can never kill Bitcoin, they only eliminate noobs and gray industries; the market will not crash to zero due to panic, it will only allow those with proper understanding to profit!

👉 Do you think this round is the end of bad news or the starting point of a bull market? Can BTC break through the 100,000 mark? Let’s chat about your operations in the comments!
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