As a blockchain analyst who’s spent nights parsing on-chain data and mornings sipping cold brew in my Brooklyn loft, I’ve seen markets react to signals—but never like this. On June 25, two seemingly unrelated assets—Guotai Junan International (HK) and HashKey’s HSK token—exploded. Not due to hype, but because of one thing: regulatory clarity. This is the moment compliance stopped being a hurdle and became the runway for real value. Let’s decode why the system just rewired itself.