On June 2, 2025, the (stablecoin regulations) officially became law as published in the government gazette on May 30, an event that has caused huge ripples in the cryptocurrency market.
Hong Kong's cryptocurrency concept stocks surged!
Against the backdrop of the (stablecoin regulations) coming into effect, Hong Kong's cryptocurrency concept stocks performed extremely strongly on June 2. OKCoin Chain surged over 30%, closing up over 40%; Xiong'an Technology rose over 14%; Xinhuo Technology Holdings increased over 8%; OSL Group and Blue Ocean Interactive rose over 6%. The significant rise in these stocks clearly shows the market's positive reaction to the advancement of Hong Kong's cryptocurrency regulatory policies, with investors full of expectations for the industry development opportunities brought by the relevant policies.
The regulation is significant and has far-reaching impacts
- Filling regulatory gaps and establishing a compliance framework: The passing of the (stablecoin regulations) is an important milestone in Hong Kong's virtual asset regulatory process. Previously, there was a regulatory gap regarding fiat-backed stablecoins, and the implementation of this regulation provides a clear compliance framework, requiring reserve asset isolation, redemption guarantees, and anti-money laundering compliance, effectively reducing systemic risks such as bank runs or fraud, thus laying a solid foundation for the stable development of stablecoins in Hong Kong.
- Promoting Hong Kong as an international Web3 and digital finance center: This legislative measure helps attract more global crypto companies to Hong Kong, enhancing its appeal and competitiveness in the digital finance sector, thereby promoting it to become an international Web3 and digital finance center. At the same time, it also supports the internationalization of the RMB and the development of offshore financial businesses, laying a good foundation for the launch of offshore RMB stablecoins in Hong Kong and further expanding the application space and influence of RMB in the international financial sector.
- Improved industry confidence and stimulated market vitality: Clear regulatory policies provide stable expectations for market participants, enhancing industry confidence. Under the compliance framework, enterprises and investors can invest resources more actively, promoting innovation and development in cryptocurrency-related businesses, thereby stimulating market vitality and creativity, driving the entire industry to higher levels.
Demonstration effects on the global cryptocurrency market
As one of the international financial centers, Hong Kong's active exploration and institutional innovation in cryptocurrency regulation have significant demonstration effects on the global cryptocurrency market. Other countries and regions may draw on Hong Kong's experience to accelerate their own cryptocurrency regulatory policy formulation and legislative processes, thereby promoting the standardization and legalization of the global cryptocurrency market and fostering the healthy and stable development of the entire industry.
The first transaction completed after the lifting of the cryptocurrency ban on South Korean institutions
On June 2, the South Korean humanitarian organization World Vision Korea sold 0.55 ETH on Upbit, becoming the first organization to sell cryptocurrency assets since South Korea gradually lifted its institutional cryptocurrency trading ban. This event marks a substantial step for the South Korean cryptocurrency market after regulatory policy adjustments, indicating that the South Korean cryptocurrency market is expected to gradually move towards standardization and maturity, providing beneficial reference and lessons for institutional investors participating in cryptocurrency trading, and further enriching the global cryptocurrency market landscape.
Cryptocurrencies that experts say must be bought by June 2025
- XRP: With the increasing interest from institutions and its rising utilization in cross-border payment systems, XRP's rebound potential is gaining attention. Its resistance levels of 2.65 and 3.00 are expected to serve as short-term obstacles when buyers regain control.
- Hyperliquid (HYPE): Strong performance in May 2025, with a 110.15% increase over the past 30 days, recently reaching a historic high of $39.93, showing ample upward momentum in the short term, with prices expected to reach or exceed the current peak.
- Ozak AI: It combines artificial intelligence and blockchain practicality, currently in the third presale phase, with a token price of 0.003. The price will rise to 0.005 in the upcoming fourth phase, and the platform's ecosystem is gradually improving, showing great development potential.
In summary, on June 2, 2025, the cryptocurrency market gained significant attention due to the formal implementation of Hong Kong's (stablecoin regulations), with related concept stocks rising sharply, welcoming new opportunities for industry development. Additionally, the first transaction after the lifting of the cryptocurrency ban on South Korean institutions and experts' recommendations on certain cryptocurrencies have also become market focal points. These hot events reflect the ongoing evolution and development of the cryptocurrency market, which is gradually moving towards standardization and maturity, and is expected to attract more investors and institutions in the future, pushing the entire industry to a higher stage of development.
Wishing all friends profitable trades every day, making money every day 🤑 If you haven't followed me yet, please click to support, thank you 🙏🏻
#韩国加密政策 #MichaelSaylor暗示增持BTC #稳定币立法 #加密市场回调 #稳定币 
$BTC
