According to TechFlame, the Hong Kong Securities Regulatory Commission and the Hong Kong Monetary Authority have noticed recent market fluctuations related to the stablecoin concept, according to the Jin10 report. The HKMA reiterated that it will adopt a prudent and prudent approach and set a high threshold when considering applications for stablecoin issuer licences. The HKMA emphasizes that the expression of intention or submission of an application for a stablecoin licence, as well as communication between the HKMA and the relevant institutions, is only the process of applying for a license. Ultimately, whether or not a license is issued will depend on whether the application meets the licensing requirements. Given the significant uncertainty about the outcome of these plans or applications, these swings, driven by market sentiment or speculation, underscore the need to be alert during times of market frenzy. Drastic stock price fluctuations can lead to irrational decisions, exposing investors to unnecessary risks. In view of this, the Hong Kong Securities Regulatory Commission and the HKMA urge the public to be cautious and thoroughly analyze relevant information to avoid making irrational investment decisions based solely on market speculation or price momentum. The public should keep in mind that making well-considered and informed decisions in a volatile environment is critical to reducing risk.