币少女翻仓日记

Hong Kong has announced a complete delisting of USDT, a move that has shocked the global cryptocurrency community! The mainland's zero-tolerance high-pressure crackdown on stablecoins, combined with Hong Kong's regulatory overhaul of USDT, has created a dual storm that has thoroughly shaken the foundations of the cryptocurrency market, leading to a disruptive reshaping of market dynamics.
First, observe the regulatory situation in the mainland and maintain a consistently high-pressure stance of "decisive and swift action." The central bank, leading a joint effort with 13 departments, has clearly stated that stablecoins will be directly classified as illegal financial activities, completely banning the issuance and trading of stablecoins across the entire chain. In terms of controlling funding channels, the regulatory authorities have completely severed the connection between banks and stablecoin transactions, and overseas trading platforms involved have also been included in the blacklist, forming a regulatory closed loop of "domestic and foreign linkage." Data supports the regulatory intensity: since the beginning of this year, a total of 342 cases related to stablecoins have been investigated, with the amount of funds involved reaching as high as 4.6 billion yuan. Meanwhile, the digital yuan is steadily advancing, and the scale of cross-border payments has surpassed 10 trillion yuan, gradually entering the ranks of the world's mainstream cross-border payment methods, becoming an important compliant alternative to stablecoins.