Partnership With Mizzle

$BCH $YGG $SOL $ZETA $FARM $REI TAKE YOUR CHANCES TO EARN MORE PROFITS, TRADE IN SPOT OR IN FUTURE TRADE. HAPPY EARNINGS EVERYONE, KNOW HOW TO ENTER AND KNOW HOW TO EXIT. HAPPY GREAT WEEKENDS 🤗😄 ALWAYS ALWAYS DYOR AND NFA 💪💪💪 https://www.gate.io/trade/BTC_USDT?ref=BFgWVwhe&ref_type=106 https://www.gate.io/futures/USDT/BTC_USDT?ref=BFgWVwhe&ref_type=107

#PI# Check the wallet backend

#PI# Major Favourable Information in September

Hong Kong Passes the Stablecoin Ordinance Draft: Profound Impact on the Virtual Money Industry The Legislative Council of the Hong Kong Special Administrative Region recently passed the "Stablecoin Ordinance Draft," making Hong Kong the first jurisdiction in the world to establish a comprehensive regulatory framework for fiat stablecoins. This legislative action not only provides a clear legal framework for Hong Kong's Virtual Money industry but also brings profound positive impacts on the development of the Virtual Money industry in Hong Kong and mainland China by balancing financial innovation with risk control. 1. Positive Impact on Hong Kong (1) Strengthen Hong Kong's position as a global digital asset center The passage of the "Stablecoin Regulation Draft" further solidifies Hong Kong's leadership position in the global digital asset market. The bill clarifies the regulatory requirements for stablecoin issuers, including a registration capital threshold of HKD 25 million, a 1:1 reserve asset backing for the issuance amount, and mandatory guarantees for unconditional redemption rights. These strict yet clear regulatory standards provide stability.

The author has held the Fat Penguin NFT for over 1000 days, reflecting on the project's development and the upcoming Token issuance, believing that the Token will connect Web2 and Web3, promoting mutual growth. The article emphasizes important information such as the Token distribution mechanism, cultural positioning, and community support, looking forward to future development potential.