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Domestic News on Friday, Sending 🧧🧧🧧
🌹【August 15 Morning News Highlights】
$BTC
1. Li Qiang recently signed a State Council order to publish the decision on amending the 'Regulations of the People's Republic of China on the Administration of Entry and Exit of Foreigners', which will take effect on October 1, 2025. It stipulates that a new K visa category will be added to ordinary visa categories, issued to foreign youth science and technology talents entering the country. It also states that applicants for the K visa must meet the conditions and requirements set by the relevant authorities of the Chinese government and submit the corresponding supporting materials.
2. The Hong Kong Monetary Authority and the Securities and Futures Commission issued a joint statement regarding the market fluctuations related to stablecoins. The statement noted that the HKMA and SFC have observed recent market fluctuations associated with the concept of stablecoins. These fluctuations appear to stem from announcements, news, social media posts, or market speculation regarding the application for stablecoin issuer licenses in Hong Kong, engaging in related activities, or exploring the feasibility of such plans. Some claims also mentioned recent contact with Hong Kong financial regulators. The HKMA reiterated that it will adopt a prudent and cautious approach when considering applications for stablecoin issuer licenses and will set high thresholds. The HKMA emphasized that expressing intent or submitting an application for a stablecoin license, as well as communication with relevant institutions, is merely part of the application process, and whether a license is ultimately granted will depend on whether the application meets the licensing conditions.
$BTC
1. Li Qiang recently signed a State Council order to publish the decision on amending the 'Regulations of the People's Republic of China on the Administration of Entry and Exit of Foreigners', which will take effect on October 1, 2025. It stipulates that a new K visa category will be added to ordinary visa categories, issued to foreign youth science and technology talents entering the country. It also states that applicants for the K visa must meet the conditions and requirements set by the relevant authorities of the Chinese government and submit the corresponding supporting materials.
2. The Hong Kong Monetary Authority and the Securities and Futures Commission issued a joint statement regarding the market fluctuations related to stablecoins. The statement noted that the HKMA and SFC have observed recent market fluctuations associated with the concept of stablecoins. These fluctuations appear to stem from announcements, news, social media posts, or market speculation regarding the application for stablecoin issuer licenses in Hong Kong, engaging in related activities, or exploring the feasibility of such plans. Some claims also mentioned recent contact with Hong Kong financial regulators. The HKMA reiterated that it will adopt a prudent and cautious approach when considering applications for stablecoin issuer licenses and will set high thresholds. The HKMA emphasized that expressing intent or submitting an application for a stablecoin license, as well as communication with relevant institutions, is merely part of the application process, and whether a license is ultimately granted will depend on whether the application meets the licensing conditions.
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