Hong Kong crypto OTC stores suspend stablecoin trading, business operations are overall normal.

On August 4th (UTC+8), in response to reports that some cryptocurrency OTC offline stores in Hong Kong have temporarily closed due to concerns about violating regulations, a certain company stated that the company and all its branches and business departments are operating normally, but have ceased any transactions involving stablecoins.

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CryptoPunstervip
· 17h ago
Stablecoin: I'm really having a hard time, even sitting down I can be regulated.
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GasFeeCriervip
· 08-05 16:34
The Hong Kong regulator is indeed not joking.
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ZenChainWalkervip
· 08-04 13:10
Pretty reasonable, it should take a break.
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GateUser-9ad11037vip
· 08-04 13:09
No one is managing it again...
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CryptoHistoryClassvip
· 08-04 12:50
classic regulatory fud, just like the 2017 china ban pt.437
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GateUser-aa7df71evip
· 08-04 12:47
Another wave of suckers is building a bottom opportunity. Let's get started.
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