The regulatory issues regarding Hong Kong securities firms that were raised this afternoon, I believe, have short-term benefits for stablecoins and RWAs, but are definitely not a good thing for ordinary investors in the US and Hong Kong stocks To be honest, if we really need to manage it, blockchain is not a lawless place. Now that these offshore CEX and even stock contract platforms are connected to TradFi assets such as the US stock market, we are at risk of being sanctioned with an iron fist . The direct negative FUTU/TIGR, as well as the negative PDD, seems to be the only legal channel for RMB to buy US stocks, Alipay Fund, and the stock of Shanghai Hong Kong Stock Connect may not have such a big impact Well, let's say goodbye to those who are bullish on ETH. I feel a bit nauseous when I see E