Core Viewpoint - The Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) issued a joint statement urging the public to exercise caution regarding recent market volatility related to stablecoins, emphasizing the importance of making informed investment decisions rather than reacting to market speculation [1][2]. Group 1: Market Volatility and Regulatory Response - The HKMA and SFC noted that recent market fluctuations related to stablecoins appear to stem from announcements regarding the application for stablecoin issuer licenses in Hong Kong, as well as speculation in news and social media [2]. - The HKMA reiterated that it will adopt a prudent approach when considering applications for stablecoin issuer licenses, setting high standards for approval [2][3]. - The statement highlighted the significant uncertainty surrounding these plans or application outcomes, underscoring the need for vigilance during market exuberance to avoid irrational decision-making [2]. Group 2: Investor Guidance and Market Integrity - The HKMA and SFC called on the public to conduct thorough analyses of relevant information and to avoid making irrational investment decisions based solely on market hype or price momentum [2]. - The SFC emphasized the importance of understanding the risks associated with investments in stablecoins and warned investors to be cautious of unverified claims, particularly those circulating on social media [3]. - The SFC has a dedicated market surveillance team and advanced systems in place to monitor trading activities in Hong Kong, committing to take strict action against any manipulative or fraudulent behavior that could undermine market integrity [3]. Group 3: Market Performance Data - According to Wind data, the Hong Kong stablecoin index has seen a continuous increase since April 8, with daily fluctuations exceeding 10% and a cumulative increase of over 130% [3].
事关稳定币!香港金管局、香港证监会联合声明
Zheng Quan Shi Bao·2025-08-14 15:36