According to a report by Golden Finance, the Chief Executive of the Hong Kong Monetary Authority, Yu Weiwen, has issued a document discussing stablecoins. He mentioned that after the passage of the Stablecoins Ordinance, we will immediately seek market opinions on the implementation of the regulation and anti money laundering guidelines. Currently, we are adjusting the requirements of the guidelines appropriately based on feedback and striving to publish them by the end of July. We expect that there will not be significant adjustments to the final draft and consultation draft, and given the common concern of international regulators, more stringent requirements will be established in anti money laundering to minimize the risk of stablecoins becoming money laundering tools, in order to ensure the orderly and healthy development of the stablecoin market in Hong Kong. We have also noticed that there have been many rumors about the application process in the market recently. We will release a summary of the "stablecoin issuer licensing system" next week, which will explain the arrangements for the Hong Kong Monetary Authority to accept and process license applications. (Golden Ten)
According to a report by Golden Ten, the Chief Executive of the Hong Kong Monetary Authority, Yu Weiwen, has once again talked about stablecoins. Recently, with the hype surrounding the concept of stablecoins, there has been excessive excitement in the market. Some listed companies, regardless of whether their business is related to stablecoins or digital assets, have declared their intention to develop stablecoin business, and their stock prices have risen accordingly. In addition to a significant increase in stock trading volume, the company's reputation has also been greatly enhanced. In fact, we have previously made it clear that at most a few stablecoin licenses will be granted in the initial stage, in other words, there are many disappointed individuals. Even if we obtain a license, based on our desire for steady development and the initial resource investment required, there will be some uncertainty in the contribution to the company's short-term profits. We hope that investors can remain calm and independent when digesting the "positive" news in the market.
According to Foresight News, as reported by Zhitong Finance, the Hong Kong Monetary Authority will release a summary of the rules for stablecoin issuers next week.
According to Foresight News, according to @ ai_9684xtpa monitoring, WLFI associated addresses added 1740 ETH worth $6.5 million 2 minutes ago. In the past six days, three WLFIs have cumulatively purchased 5608.48 ETH (approximately 19.46 million US dollars), with an average price of 3469.66 US dollars, and this portion has gained a floating profit of 1.457 million US dollars.
According to Lookonchain monitoring, a newly created wallet with an address starting with 0x3dF3 has just purchased 32640 ETH (approximately $122 million) through over-the-counter trading, totaling 43787 ETH (approximately $163 million) purchased in the past 4 days.
