🧊 The extremes of ice and fire! Where exactly is the Web3 'gold mine'?
💥 The extremes of ice and fire! Where exactly is the Web3 'gold mine'? A visual understanding of the regulatory comparison between the cryptocurrency markets of Mainland China and Hong Kong!
> Mainland: Safety first, comprehensive ban
> Hong Kong: Prudently open, building a digital asset hub
—— Mainland adopts a 'defensive strategy' with the core goal of maintaining financial stability, monetary sovereignty, and energy security
🧊 The policies of the two regions seem to be contradictory, resembling a 'dual-track system' of 'complementary goals and risk isolation'.
• Mainland: Implements 'risk internal control', maintaining the robustness of the domestic financial system through a comprehensive ban.
• Hong Kong: Conducts 'overseas trials', testing compliant models for digital assets and future reform paths like RWA in a controllable regulatory sandbox, providing a window for global capital and talent.
This 'internal defense and external testing' model has allowed Hong Kong to accumulate institutional experience without jeopardizing the overall financial security of the mainland, becoming a compliance beacon for digital assets in Asia.
