Hong Kong is issuing licenses, while the mainland is tightening regulations.



April 11 news: applications for Hong Kong’s second batch of compliant stablecoin licenses have already been launched, and institutions such as Futu Securities and OSL Group have been reported to be vying for entry eligibility.
But on the other side, the People’s Bank of China and 13 other ministries have already set the tone: stablecoins = virtual currencies, and strict regulation will continue.

Same lane, two attitudes.
One embraces, the other isolates.

The question is: where will the funds go? #Gate广场四月发帖挑战 #香港稳定币牌照 $RAVE
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