Hong Kong Stablecoin Ordinance comes into effect. speculators vs. survivors who will win? How long does the bubble alarm bell ring?

Market trends in which the Hong Kong Stablecoin Ordinance officially came into effect on August 1, 2025. The Hong Kong stock market responded fiercely to the concept of stablecoin, with the stock prices of some companies such as Guotai Junan International, Jinyong Investment (533% increase in a single day) and China Sansan Media (14.95 times increase in the whole year) soaring sharply due to relevant announcements. However, Hong Kong Monetary Authority President Yu Weiwen issued a document to warn that the market is overheating, pointing out that stablecoins are showing a bubble trend, and emphasizing that only single-digit licenses will be approved in the initial stage (about a few). License approval will be based on technical capabilities, application scenarios and risk control experience (such as anti-money laundering requirements), and it will form a high threshold for small and medium-sized enterprises that do not have a substantial foundation (HK$25 million paid-in capital). The article also mentioned that 60 companies intend to apply for licenses, but sandbox testing companies (such as JD Coin Chain Technology and Standard Chartered Consortium) may have the advantage, and at the same time explored the potential and risks of offshore RMB stablecoins. Ultimately, the core view is the conflict between market fanaticism (FOMO sentiment) and regulatory prudence, emphasizing that licenses are "compliance competition screens" to eliminate speculators, and survivors need to solve the problem of commercial feasibility. #Hong Kong Stablecoin#Cryptocurrency Regulation#Stock Price Soaring#License Application#Monday Authority Warning#Offshore RMB#Sandbox Test#25 million Threshold#Bubber Risk#Survivor Challenge#FOMO #Stable Going Forward#Hong Kong Stock Market#Trillion Market#Compliance Competition You can enjoy the following benefits by becoming a member of this channel: https://www.youtube.com/channel/UCO5ER7iDBK62VMbbFQRkBZg/join Welcome to "Coin Emperor BD"! Here is your "no threshold" class for understanding virtual currencies, blockchain, Bitcoin, Dogecoin, and even WB3.0. We are not telling you how to "mine" and make money, but we will take you deep into the real "minerals" behind virtual currencies - how technology, trends, markets, and even policies affect your wallet! From the birth of Bitcoin to the "earthy" emoticon culture of Dogecoin, we bring all these "virtual things" to you, and they are easy to understand without losing depth - allowing you to understand the truth in the currency circle in seconds. #btc #Bitcoin #Virtual Currency #Investment Analysis #Cryptocurrency