比特财经阿杰
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Summary of popular news in the cryptocurrency circle and major recent events involving Trump!
- Hong Kong (Stablecoin Regulation) Effective: On August 1, 2025, the Hong Kong (Stablecoin Regulation) officially comes into effect, requiring stablecoin issuers to hold 100% fiat currency or high-liquidity asset reserves and undergo quarterly third-party audits, with violators facing fines and imprisonment. This marks a new phase in Asia's digital asset regulation, promoting a regulatory triangle among Hong Kong, Singapore, and Japan for stablecoins. The market predicts that compliant stablecoins may attract over $20 billion in institutional funds, while unauthorized projects may face on-chain liquidity depletion.
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