{"id":40617,"date":"2025-08-05T21:31:56","date_gmt":"2025-08-05T21:31:56","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=40617"},"modified":"2025-08-05T21:31:56","modified_gmt":"2025-08-05T21:31:56","slug":"chinas-plan-to-destroy-the-dollar-smart-money-is-on-hong-kong","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=40617","title":{"rendered":"China\u2019s Plan To Destroy The Dollar: Smart Money is on Hong Kong"},"content":{"rendered":"<div>\n<p>The China crypto ban just added another delicious layer to the Asian markets. China is creating a dip so they can buy it.<\/p>\n<p>Our theory at 99B is that China bans <a class=\"cpp-widget-coin cpp-widget-99btc\" href=\"https:\/\/99bitcoins.com\/goto\/bestwallet\" target=\"_blank\" rel=\"nofollow sponsored\" data-symbol=\"btc\" data-name=\"Bitcoin\" data-price=\"114058.000000000000000\" data-change=\"-0.28\" data-chart-style=\"99btc\" data-cta_text=\"Buy with Best Wallet\" data-cta_link=\"https:\/\/99bitcoins.com\/goto\/bestwallet\"><img decoding=\"async\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/02\/26205235\/btc.svg\" alt=\"btc logo\">BTC <span style=\"color: #ef4546;\">\u25bc-0.28%<\/span><\/a> when the price is high and unbans it when the <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/crypto-presales\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">BTC price <\/a>is low, so their citizens and companies don\u2019t buy high. Forced diamond hands.<\/p>\n<p>In addition, Beijing announced this week that it will start unloading its stockpile of <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/high-risk-high-reward-crypto\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">seized crypto<\/a> through licensed exchanges in Hong Kong.<\/p>\n<p>By pushing confiscated assets into licensed platforms, China injects liquidity, props up volume, and molds Hong Kong into a pricing engine for global crypto markets. Here\u2019s what you need to know:<\/p>\n<div class=\"cpp-crypto-chart cpp-crypto-chart-99btc cpp-crypto-chart-BTC\" data-coin-symbol=\"BTC\" data-price-usd=\"BTC Price (USD)\" data-main-color=\"#4caf05\" data-watermark-image=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/99bitcoins-logo.png\" data-chart-style=\"99btc\">\n<div class=\"cpp-chart-top-section\">\n<div class=\"cpp-chart-info-section\">\n<div class=\"cpp-chart-logo\"><img decoding=\"async\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/02\/26205235\/btc.svg\" alt=\"BTC logo\"><\/div>\n<div class=\"cpp-chart-coin-details\">\n<div class=\"cpp-chart-labels-row\">\n<div class=\"cpp-chart-coin-name\">Bitcoin<\/div>\n<div class=\"cpp-chart-price-info\">Price<\/div>\n<div class=\"cpp-chart-market-cap\">Market Cap<\/div>\n<\/div>\n<div class=\"cpp-chart-values-row\">\n<div class=\"cpp-chart-coin-symbol\">BTC<\/div>\n<div class=\"cpp-chart-price\"><\/div>\n<div class=\"cpp-chart-market-cap-value\">$2.27T<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"cpp-chart-selectors cpp-chart-selectors-99btc\"><span class=\"cpp-chart-selector\" data-period=\"24h\">24h<\/span><span class=\"cpp-chart-selector\" data-period=\"7d\">7d<\/span><span class=\"cpp-chart-selector\" data-period=\"30d\">30d<\/span><span class=\"cpp-chart-selector\" data-period=\"1y\">1y<\/span><span class=\"cpp-chart-selector\" data-period=\"all_time\">All time<\/span><\/div>\n<\/div>\n<p><canvas id=\"cpp-chart-68924e5dea0f6\" class=\"cpp-chart-container cpp-chart-container-99btc\"><\/canvas><\/div>\n<h2>China Crypto Ban is a LIE That Will See Hong Kong Become the Biggest BTC Hub<\/h2>\n<p>Hong Kong\u2019s digital asset framework rests on several legal pillars:<\/p>\n<ul>\n<li><strong>The 2022 Anti\u2011Money Laundering &amp; Counter\u2011Terrorist Financing Ordinance (AMLO)<\/strong> mandates licensing all virtual asset trading platforms.<\/li>\n<li><strong>Stablecoin Ordinance<\/strong>, effective August 1, 2025, mandates rigorous reserve requirements, redemption mechanisms, and Hong Kong-based incorporation for issuers.<\/li>\n<li><strong>LEAP 2.0<\/strong>, introduced in June 2025, offers unified licensing across crypto products and fosters cross-sector collaboration.<\/li>\n<\/ul>\n<p>However, licensing alone doesn\u2019t create influence. Liquidity does. By offloading state-seized crypto through Hong Kong, we\u2019ll see added liquidity turn the city into a pressure valve, and China can open or close to influence <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">global crypto markets<\/a>.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-267689\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/08\/Screenshot-840.png\" alt=\"\" width=\"676\" height=\"628\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/08\/Screenshot-840.png 676w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/08\/Screenshot-840-300x279.png 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/08\/Screenshot-840-50x46.png 50w\" sizes=\"(max-width: 676px) 100vw, 676px\"><\/p>\n<p>(<a class=\"general-link\" href=\"https:\/\/twitter.com\/BTCjunkies\/status\/1951849404572278925\" target=\"_blank\" rel=\"noopener nofollow\">Source<\/a>)<\/p>\n<p>Real-time data from CoinGlass and <a class=\"general-link\" href=\"https:\/\/defillama.com\/\" target=\"_blank\" rel=\"noopener nofollow\">DeFiLlama<\/a> illustrate the impact of open interest on Hong Kong-listed crypto pairs, which have surged by 35% in recent weeks.<\/p>\n<p>Additionally, on-chain stablecoin TVL through issuers targeting Hong Kong stablecoin licenses already shows a 28% month-on-month increase\u2014suggesting that institutional capital is positioning for the new regime.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-267690\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/08\/Screenshot-841.png\" alt=\"\" width=\"1579\" height=\"549\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/08\/Screenshot-841.png 1579w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/08\/Screenshot-841-300x104.png 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/08\/Screenshot-841-1024x356.png 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/08\/Screenshot-841-768x267.png 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/08\/Screenshot-841-1536x534.png 1536w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/08\/Screenshot-841-50x17.png 50w\" sizes=\"auto, (max-width: 1579px) 100vw, 1579px\"><\/p>\n<p>(<a class=\"general-link\" href=\"https:\/\/defillama.com\/stablecoins\" target=\"_blank\" rel=\"noopener nofollow\">Source<\/a>)<\/p>\n<p><strong>DISCOVER: <\/strong><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-cryptocurrency\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><strong>Best New Cryptocurrencies to Invest in 2025<\/strong> <\/a><\/p>\n<h2>Strategic Implications: Hong Kong Ascendant, U.S. Passive<\/h2>\n<p>By strategically aligning regulation and liquidity, China aims to build Hong Kong into a digital asset super-hub\u2014a geopolitical and financial lever. Unlike the U.S., which maintains a passive \u201chold-only\u201d <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/analysis\/top-crypto-stocks\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">Bitcoin reserve<\/a>, Hong Kong can convert and deploy crypto to influence price discovery and market narratives.<\/p>\n<p>This shift raises critical questions:<\/p>\n<ol>\n<li>Will U.S. regulators respond by building mechanisms to reclaim influence over crypto liquidity?<\/li>\n<li>Can global compliance frameworks adapt to jurisdictions using liquidity as a strategic asset rather than a regulatory requirement?<\/li>\n<\/ol>\n<p>For crypto investors, compliance professionals, and policymakers alike, the takeaway is clear: Hong Kong now holds the switch.<\/p>\n<p>For years, crypto has been held back by boomers who refuse to accept that the writing is on the wall. The same people pursuing wars they can\u2019t win are holding back the crypto revolution because they think they can still rule the world if they censor the Internet.<\/p>\n<p>China is waking up to that game, and nobody can stop them.<\/p>\n<p><strong>EXPLORE: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/tether-ceo-paolo-ardoino-hopes-for-net-positive-from-us-elections-says-bitcoin-strategic-reserve-is-a-great-idea-99bitcoins-exclusive\/\" target=\"_blank\" rel=\"noopener\">Tether CEO Paolo Ardoino Hopes For Net Positive From US Elections, Says Bitcoin Strategic Reserve Is A Great Idea: 99Bitcoins Exclusive<\/a><\/strong><\/p>\n<p><strong><a class=\"general-link\" href=\"https:\/\/discord.gg\/B7Uk6agkqj\" target=\"_blank\" rel=\"noopener nofollow\">Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/a><\/strong><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h2 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h2>\n<ul class=\"nnbtc-key-takeaways__list\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n        The China crypto ban just added another delicious layer to the Asian markets. China is creating a dip so they can buy it.    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        By strategically aligning regulation and liquidity, China aims to build Hong Kong into a digital asset super-hub.    <\/li>\n<\/ul><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/chinas-plan-to-destroy-the-dollar-smart-money-is-on-hong-kong\/\">China\u2019s Plan To Destroy The Dollar: Smart Money is on Hong Kong<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The China crypto ban just added another delicious layer to the Asian markets. China is creating a dip so they can buy it. Our theory at 99B is that China bans BTC \u25bc-0.28% when the price is high and unbans it when the BTC price is low, so their citizens and companies don\u2019t buy high. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-40617","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/40617","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=40617"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/40617\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=40617"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=40617"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=40617"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}