X @Poloniex Exchange
Poloniex Exchangeยท2025-07-31 13:38
Regulatory Landscape - Hong Kong is preparing to integrate stablecoins into its financial system with new regulations [1] - Licensed issuers must conduct full KYC (Know Your Customer) on holders to combat money laundering, starting August 1 [1] Market Concerns - HKMA (Hong Kong Monetary Authority) chief Eddie Yue cautioned about market bubbles driven by hype [1] Industry Focus - The report raises the question of whether this is the future of compliant stablecoins [1]