温馨提示:本站仅提供公开网络链接索引服务,不存储、不篡改任何第三方内容,所有内容版权归原作者所有
AI智能索引来源:http://www.bee.com/id/53544.html/comment-page-7
点击访问原文链接

The global stablecoin regulatory race is accelerating | Bee Network

The global stablecoin regulatory race is accelerating | Bee Network Login Berita Trending Meme Launchpad Agen AI DeSci Penjelajah Rantai Atas Untuk Newbee 100x Koin Permainan Lebah Situs Web Penting APLIKASI yang Harus Dimiliki Selebriti Kripto DePIN Pemula Penting Detektor Perangkap Alat Dasar Situs Web Tingkat Lanjut Pertukaran Alat NFT Hai, Keluar Alam Semesta Web3 permainan DApp Sarang lebah Platform Berkembang IKLAN Mencari Bahasa inggris Isi Ulang Koin Gabung Unduh Universitas Web3 permainan DApp Sarang lebah IKLAN rumah-Analisis-The global stablecoin regulatory race is accelerating The global stablecoin regulatory race is acceleratingAnalisis8 bulan yang lalu更新Wyatt 632,75084 4067 With the continuous maturity of blockchain technology and the rapid development of the digital asset market, the tokenization of real world assets (RWA) is becoming an important bridge connecting traditional finance and the digital economy.

However, the development of RWAs has not been smooth sailing. Governments and regulators are faced with the challenge of finding a balance between promoting innovation and protecting investors.

Different countries have adopted very different policy attitudes towards RWA based on their respective financial systems, legal frameworks and regulatory concepts – some actively embrace it, some cautiously wait and see, and some set strict restrictions.

Hong Kong: The worlds most stringent regulatory framework is about to be implemented With the Hong Kong Stablecoin Ordinance set to come into effect on August 1, 2025, this international financial center is becoming a pioneer in the global compliance process.

The new regulations not only require issuers to apply for scarce licenses (only a single digit number of the first batch were issued), but also require 100% reserve isolation and third-party custody to ensure the safety of user assets. Technology giants such as Ant and JD.com have entered the sandbox test, and traditional financial institutions such as Standard Chartered Bank have also formed a consortium to compete for licenses.

However, strict entry requirements (such as a minimum paid-up capital of HK$25 million) may keep small and medium-sized institutions out, and the trend towards market concentration is inevitable.

HKMA Chief Executive Eddie Yue recently warned the industry to “cool down”, suggesting that while regulators are promoting innovation, they have not relaxed their bottom line on risk prevention and control.

The United States: The ambition for dollar hegemony behind dual-track regulation While Hong Kong is pushing forward the ordinance at full speed, the GENIUS Act passed by the US Senate reveals deeper strategic intentions.

The bill establishes a dual-track regulatory system at the federal and state levels: the federal government regulates systemically important stablecoins with a market value of more than $10 billion, and the state level manages small and medium-sized issuers, while forcing the dollar to be anchored and prohibiting algorithmic stablecoins.

Finance Minister Bessant bluntly stated that the move is aimed at consolidating the global status of the US dollar – by requiring stablecoin reserves to invest in US Treasury bonds maturing within 93 days, the private sector will passively increase its holdings of US Treasury bonds, thereby reducing the countrys borrowing costs.

Global differentiation: EU strict control vs. emerging market passive dollarization In this regulatory race, strategies of different economies are polarized.

The EU has erected a protective wall through the MiCA framework, prohibiting the use of non-euro stablecoins for daily payments and delisting currencies such as USDT to defend the sovereignty of the euro.

In contrast, due to the depreciation of their currencies, emerging markets such as Turkey and Nigeria have seen stablecoins become de facto “digital dollars” (43% of on-chain transactions in Nigeria involve stablecoins). 10% of cross-border remittances in Mexico are completed through USDC, and people are forced to struggle between financial innovation and the loss of monetary sovereignty.

Russia has chosen a different approach, postponing the implementation of the central banks digital ruble until 2026 and instead forcing merchants to accept payments in the national digital currency in stages, attempting to use administrative power to counter the penetration of private stablecoins.

Conclusion: The life-and-death race between compliance and sovereignty The assertion of Hong Kong Treasury Secretary Paul Chan points out the core: The original intention of stablecoins is to serve the real economy, not to create wealth myths.

Behind this regulatory competition is actually a secret war for monetary sovereignty: the United States is expanding the dollars hegemony through stablecoins, the European Union is protecting the integrity of the euro, and Hong Kong is opening up a roundabout battlefield for the internationalization of the renminbi.

When technological innovation collides with geopolitical games, the future of stablecoins is not only the evolution of financial instruments, but also the key to reshaping the global financial power map.

This article is sourced from the internet: The global stablecoin regulatory race is accelerating

Related: 24H Hot Coins and News | Trump Media Group Denies Raising $3 Billion to Invest in Cryptocurrencies; EU Plans to Speed Up 1. Popular currencies on CEX CEX top 10 trading volume and 24-hour rise and fall: BTC: -0.89% ETH: -1.21% SOL: -2.36% XRP: -2.47% BNB: -0.31% PEPE: -1.38% DOGE: -1.85% NXPC: -8.45% SUI: -4.46% ADA: -1.52% 24 H increase list (data source: OKX): HUMA: +952% NULS: +19.66% RUNECOIN: +15.44% SNT: +15.1% FXS: +9.29% MASK: +9.26% PSTAKE: +7.96% JUP: +7.19% TRB: +6.17% WCT: +5.94% 2. Top 5 popular memes on the chain (data source: GMGN ): CA PORT 3 B 2 KOGE FHE 3. 24-hour hot search currencies HUMA: HUMA is the official token of Huma Finance, a PayFi network that powers global payment financing with instant access to liquidity. On May 26, the token TGE was launched and an airdrop was developed. The current market value is $107 million. CA: CA…

Analisis #Pasar ## Sandbox# Tanda© 版权声明Array 上一篇 What is TICS token? How does Qubetics achieve a closed loop of multi-chain ecology? 下一篇 ArkStream Capital: The crypto market will usher in a structural turning point of compliance narrative + real returns in 相关文章 Mable Jiang announces the creation of Trends to create a new paradigm for on-chain social capital 6086cf14eb90bc67ca4fc62b 31,638 2 Circle, the first stablecoin stock, applies for a federal trust bank license with $60 billion in assets under self-custo 6086cf14eb90bc67ca4fc62b 26,666 1 Aave Umbrella officially passed: stkGHO APY 13% stablecoin mine falls? 6086cf14eb90bc67ca4fc62b 28,268 1 Metrics Ventures Market Watch: Chaotic Consolidation Continues 6086cf14eb90bc67ca4fc62b 18,114 Tiger Research: Realism is the Only Answer in the Cryptocurrency Downturn 6086cf14eb90bc67ca4fc62b 7,978 1 Solana CEO Interview: From Garage Startup to Top Public Chain, Talking about Solana’s Past and Future 6086cf14eb90bc67ca4fc62b 47,765 12 84 komentar Anda harus login untuk meninggalkan komentar! Segera masuk #BeelieverWJDEOAQ Tamu Proyek yang bagus

7 bulan yang lalu Daveluv Tamu Besar

7 bulan yang lalu Daveluv Tamu Besar

7 bulan yang lalu #Beeliever24ESBPN Tamu Nice read

7 bulan yang lalu #BeelieverDF315XC Tamu Bagus

7 bulan yang lalu pramodkumarsharma Tamu Bagus

7 bulan yang lalu KINGEJIMA Tamu Proyek yang bagus

7 bulan yang lalu #Beeliever47TIWPL Tamu That is commendable.

7 bulan yang lalu Mathos1 Tamu Pekerjaan yang baik

7 bulan yang lalu #BeelieverM9ORVNQ Tamu Semoga beruntung

7 bulan yang lalu 15 6 7 8 9 artikel Terbaru Did Jane Street “Manipulate” BTC? Decoding the AP System, Understanding the Power Struggle Behind ETF Creation and Redemption Pricing 21 jam yang lalu 659 Stop Comparing Bitcoin to Gold—It’s Now a High-Volatility Software Stock 21 jam yang lalu 703 Matrixport Research: $25 Billion Gamma Unwinding Imminent, Liquidity Yet to Return Behind the Rebound 21 jam yang lalu 655 ERC-5564: Ethereum’s Stealth Era Has Arrived, Receiving Addresses No Longer ‘Exposed’ 21 jam yang lalu 543 Hong Kong Regulatory Green Light: Asseto Enables DL Holdings to Achieve Compliance for Two RWA Business Implementations 21 jam yang lalu 631 Situs Web PopulerTempoLighterGAIBGliderPlanckRaylsBCPokerVooi Bee.com Portal Web3 terbesar di dunia Mitra KoinCarp binance KoinMarketCap KoinGecko hidup koin Armor Unduh Aplikasi Bee Network dan mulai perjalanan web3 Kertas putih Peran Pertanyaan Umum © 2021-2026. Semua Hak Cipta Dilindungi Undang-Undang. Kebijakan pribadi | Ketentuan Layanan Unduh Aplikasi Jaringan Lebah dan memulai perjalanan web3 Portal Web3 terbesar di dunia Mitra CoinCarp Binance CoinMarketCap CoinGecko Coinlive Armors Kertas putih Peran Pertanyaan Umum © 2021-2026. Semua Hak Cipta Dilindungi Undang-Undang. Kebijakan pribadi | Ketentuan Layanan Mencari MencariDi dalam SitusDi RantaiSosialBerita 热门推荐: Pemburu Airdrop Analisis data Selebriti Kripto Detektor Perangkap Bahasa Indonesia English 繁體中文 简体中文 日本語 Tiếng Việt العربية 한국어 हिन्दी اردو Русский Bahasa Indonesia

智能索引记录