📢 Gate Square #MBG Posting Challenge# is Live— Post for MBG Rewards!
Want a share of 1,000 MBG? Get involved now—show your insights and real participation to become an MBG promoter!
💰 20 top posts will each win 50 MBG!
How to Participate:
1️⃣ Research the MBG project
Share your in-depth views on MBG’s fundamentals, community governance, development goals, and tokenomics, etc.
2️⃣ Join and share your real experience
Take part in MBG activities (CandyDrop, Launchpool, or spot trading), and post your screenshots, earnings, or step-by-step tutorials. Content can include profits, beginner-friendl
Ping An stablecoin regulations Hong Kong
Key Points:* Ping An acknowledges Hong Kong’s stablecoin regulatory changes, emphasizing blockchain expertise.
This regulatory shift signifies a potential market reshuffle for fiat-referenced stablecoins, operating under stringent HKMA guidelines. Hong Kong’s stablecoins ordinance implementation starts on August 1.
Hong Kong Mandates Licensing for Fiat-Pegged Stablecoins
The Hong Kong Monetary Authority plans to implement a regulated framework requiring licenses for fiat-referenced stablecoins. Ping An, acknowledging this change, emphasizes ongoing research in response. While the new environment develops, immediate Ping An statement absence has not influenced market behavior.
Current market anticipations suggest changes in institutional roles without confirmed executive insights or statements. Observers predict adjustments for fiat-based stablecoins like USDT and USDC but not decentralized assets such as BTC and ETH, focusing on fiat references.
The absence of significant official comments from executive teams or industry leaders, such as Ping An’s senior managers, coincides with limited public discourse on platforms like Twitter. Market players are cautiously awaiting further regulatory guidance.
Stablecoins and Future Compliance: A Global Outlook
Did you know? Hong Kong’s stablecoin regulation mirrors Singapore’s and the EU’s past frameworks, suggesting a consolidation of fewer compliant issuers and increased regulation-focused market players post-2025.
According to CoinMarketCap, Tether USDt trades at $1.00 with a market cap of $161.69 billion as of July 21, 2025. Its 24-hour trading volume stands at $135.29 billion. Over the past 90 days, USDT experienced only minor price shifts.
| | | --- | | DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |