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#数字货币市场洞察 11月28日,中國人民銀行(PBOC)帶頭,聯合多部門對外發布重要信號:大陸正式將「穩定幣」(stablecoin)納入「虛擬貨幣/虛擬資產」監管框架。而另一方面,香港金融管理局(HKMA)主導下的《穩定幣條例》於2025年8月1日生效,香港建設法定穩定幣發牌制度。兩地對同一事物的不同路徑,體現出重要的制度邏輯:大陸重安全穩控,香港重開放試點。