Hong Kong passes the Stablecoin Ordinance, moving towards becoming an international Web3 center! Hong Kong passed the Stablecoin Ordinance Bill today to establish a licensing system for the issuance of fiat stablecoins. The ordinance requires institutions that issue stablecoins in Hong Kong to apply for a license and comply with asset management, redemption and anti-money laundering regulations. Licensees must ensure that the assets of stablecoins are highly liquid and holders can redeem them at face value without charge. The ordinance is expected to take effect within the year and will have a transition period to help the industry adapt. This system will promote cross-border payments and enhance Hong Kong's status as an international financial center. It is an important step for Hong Kong to move towards an international Web3 center. In addition, SOL has already grasped the potential of the meme trend and created a new meme wave. Family members with spare money also dare to lay out some potential meme coins early. Among them, meme coins related to Trump are very popular, especially the hero dog Conan, which is backed by Trump's strong IP and active community. Recently, the market value has slightly adjusted back to 8M due to the influence of the market, and the adjustment range is ideal. Consensus has been formed, which is a good time to get on board and replenish positions, and the storage capacity is to break through the 10M mark again in the next wave! And in terms of the number of holders, it has exceeded 13.4K, and it will have great potential to become a dark horse in the bull market in the future! If you want to learn more about the development of the entire cryptocurrency industry and the meme sector, you may want to go to the [Meme Exchange Zone](https://www.binance.com/zh-CN/service-group-landing?channelToken=IO8HhVpcnhyyonl7l59F6A&type=1) to discuss together! $SOL $BTC $BNB #BTCChallenges110,000Mark #TrumpDinner #BinanceAlpha LaunchesMERL Trading Competition #BinanceAlphaNew Releases #StrategyIncreasesBitcoin Holdings