香港《稳定币条例》生效：重塑加密新秩序

Core Insights - The implementation of the "Stablecoin Regulation" on August 1 marks a significant milestone in Hong Kong's financial history, establishing the world's first comprehensive regulatory framework specifically for fiat-backed stablecoins [1] - This regulation is expected to reshape the virtual currency landscape in Hong Kong and bring about a reorganization of the extensive stablecoin ecosystem [1] - The unique characteristics of Hong Kong's "Eastern solution" in the context of global regulatory competition are highlighted, particularly regarding the progress of new stablecoins pegged to the Hong Kong dollar that are being developed by major players in the sandbox environment [1]