The most ridiculous thing in Hong Kong is that stablecoin bill of his, thinking that USDT and USDC would obediently register, but in the end, they couldn't care less about him.
Now, the two largest stablecoins have become illegal.
He really thinks that in the blockchain world, this small local government can still call the shots. If it were China, the US, or the EU, that would be one thing, but a regional government with only 6 million people has no say.
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