At this year's Consensus HK, Miss Hong Kong @estherinweb3 presented the Chen Fengxia community with a precious gift: listings on Hashkey's global and Hong Kong sites, and steadily advancing on-chain USDT deposits and withdrawals. The editor would like to emphasize that every token listing on Hashkey's Hong Kong site requires separate approval from the Hong Kong SFC, and currently only fewer than 20 tokens are available to ordinary investors. USDT deposits and withdrawals currently only support Tron and Ethereum. The SFC's changing attitude towards Chen Fengxia, from unfamiliarity to familiarity and then to recognition, has significant implications for the future: 1. Circular 42 has reopened a window for the development of RWA in Hong Kong, and the SFC's recognition provides guidance for RWA asset issuers' choice of blockchains. 2. Chief Executive John Lee proposed issuing stablecoin licenses next month; similarly, the SFC's recognition will also influence stablecoin issuers' choice of blockchains. Of course, the HKMA's preferences will also carry significant weight in this matter. In short, this small step towards compliance may not show significant short-term differences in trading volume and prices. However, in the long run, Chen Fengxia's Hong Kong strategy is gradually becoming clear! Despite the heavy snow in the bear market, Buidler remains undeterred!