In the past, we used to drink morning tea in Hong Kong and discuss market trends; a basket of shrimp dumplings could lead to a conversation about three hundredfold coins. Now, it’s nice to sit properly in the convention center and listen to the big shots on stage talk about 'rules'.🍤➡️👔
Today’s Consensus 2026 Hong Kong conference, how should I put it—has changed, it feels more like Wall Street.
The big shots from the Hong Kong Securities and Futures Commission (SFC) directly stated: We want to open green lights for compliance. In the future, licensed brokers can conduct margin trading for high-quality clients, although initially limited to BTC and ETH, it’s still a start. The framework for perpetual contracts is also on the way. Even traditional financial giants like ICE have launched futures contracts including BNB, SOL, and XRP.
In plain terms: the crypto world has officially been invited into the office buildings.
Previously, we were part of the 'Wild Heroes Legend', now we are performing in the 'Financial Elite Training Memoir'. Bitcoin is no longer dark web hard currency, but a compliant collateral; exchanges no longer compete on who lists coins faster, but on whose license is stronger.
Do you think this is a good thing or a bad thing?
From the perspective of asset security, I wholeheartedly agree. Clear custody, controllable leverage, compliant capital inflow and outflow, fewer retail investors getting cut by the scythe, and a more solid sleep. But from the perspective of 'fun'? The crazy days of rushing to the ground dog at three in the morning, where shouting 'boss pattern' in the group could rally the market, might really be gone for good.
So I want to ask everyone:
Do you prefer the previous 'barbaric growth, whoever shouts the loudest gets to decide' crypto world,
or this current 'suit and tie, whoever is compliant stands at the center' financial world?
See you in the comments, let’s be real.👇
