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The Hong Kong Securities and Futures Commission and the Hong Kong Monetary Authority issued a joint statement regarding the market fluctuations related to stablecoins.
Jin10 data reported on August 14th that the Hong Kong Securities and Futures Commission and the Hong Kong Monetary Authority have noted recent market fluctuations related to the concept of stablecoin. The Hong Kong Securities and Futures Commission and the Hong Kong Monetary Authority urge the public to remain cautious, thoroughly analyze relevant information, and avoid making irrational investment decisions based solely on market speculation or price momentum. The public should bear in mind that making well-considered and informed decisions in a fluctuating environment is crucial for reducing risk.