Post by Auros

China's Feb 6 crypto notice barely moved markets - expected after years of bans. However, our CCO Jason Atkins identifies key signals in his BeInCrypto analysis: - RWA Tokenization Identified for the First Time: This isn’t an escalation but a proactive measure. Beijing has learned from the unchecked growth of BTC mining before the 2021 ban, now flagging RWAs as capital control risks prior to adoption. - Stablecoins Carved Out: These are labeled as "fiat-like" tools rather than virtual currencies. The Hong Kong sandbox will start with crypto-native firms, with banks following suit as part of an infrastructure upgrade for payments and settlement. As for tech giants? Back-channel limits will apply. - Dollar's Digital Lock-In: Every dollar stablecoin translates to a US Treasury purchase. China's holdings peaked at $1.3T in 2013 and are now down to $680B. Bans cannot halt organic demand. A crucial, unasked question remains: Who provides liquidity? Onramps, offramps, and tight spreads are essential - market makers like Auros make regulated ecosystems viable. “Without liquidity, nothing works.” Read more: https://lnkd.in/gzJ5uz_7 #CryptoRegulation #Stablecoins #RWA #MarketMaking