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]

Core Viewpoint - Gold remains a significant asset symbol throughout human civilization, embodying trust, stability, and value consensus, especially in the context of evolving monetary systems and geopolitical fluctuations [1] - The traditional use of gold is primarily as a passive asset for risk aversion, lacking interactive engagement, which presents an opportunity for innovation through technology [3][7] Group 1: Digital Gold Concept - The concept of "digital gold" is introduced as a means to redefine the connection between individuals and gold, leveraging its universal value recognition [3][4] - Digital gold aims to provide a more open, transparent, and efficient way to engage with gold, breaking the exclusivity of high-net-worth individuals and allowing broader access [3][6] Group 2: Ecosystem and User Engagement - The ecosystem designed by the company includes a marketplace that serves as the core for gold acquisition and user engagement, incentivizing user behavior through a structured growth system [6][7] - Users can participate actively in the ecosystem, transforming gold from a static asset into a dynamic one that can be driven by user actions and contributions [7][8] Group 3: Future Expansion and Value Creation - The company plans to expand beyond gold to include other real-value assets, aiming to create a global, open, trustworthy, and sustainable participation system [9] - This initiative represents not just a transformation in how gold is utilized but also an active construction of a new value order for the future [10]