Hong Kong Authorities Urge Caution Amid Stablecoin Market Fluctuations

According to PANews, the Hong Kong Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) have observed recent market fluctuations related to stablecoin concepts. The SFC and HKMA advise the public to exercise caution and thoroughly analyze relevant information to avoid making irrational investment decisions based solely on market speculation or price momentum. It is crucial for the public to make well-considered and informed decisions in volatile environments to mitigate risks. source: https://www.binance.com/en/square/post/28304292310586?utm_source=BinanceNewsRSS