Any issuer of stablecoins linked to the dollar or the Hong Kong dollar must be licensed by the HKMA and comply with AML/KYC standards, audited reserves, and clear redemption mechanisms.
Hong Kong published the Stablecoins Ordinance in its official Gazette, which will come into effect on August 1, 2025. The Hong Kong Monetary Authority (HKMA) has completed the regulatory guidelines and warnings regarding unauthorized issuance. The first licenses could be issued in early 2026, following a rigorous assessment of the applicants.
#MetaMask has launched Stablecoin Earn, in partnership with #Aave , so you can earn yield directly from your wallet with $USDC , $USDT , and $DAI. 💸
No lock-up, no complications: contribute your stablecoin and start generating passive income in seconds. The integration keeps your custody and adds real DeFi ease to your daily life.
In the crypto world, losing your private keys means losing your assets. It is essential to design an inheritance plan to ensure that your BTC, ETH, NFT, and other crypto assets are properly passed on to your beneficiaries when you are no longer here. 🔐 #BTC #ETH #NFT
A robust plan should include:
1. Detailed asset inventory: list all your cryptocurrencies, wallets (both exchange and non-custodial), NFTs, and DeFi investments, indicating where each item is stored. 🗂️ #inheritance
2. Secure access instructions: avoid including private keys or seed phrases in your will. Instead, store them in encrypted files or physical devices (safety deposit box, hardware wallet) and provide clear guidance on how to access them. 🛡️
3. Crypto-literate executor: designate a trusted person with technical knowledge to manage the transfer correctly and securely. 👤
4. Use of multisignature and smart contracts: employ multisig wallets to distribute responsibilities among several people, and where possible, use smart contracts that automate the transfer after verified events (such as a death certificate). These methods increase security without replacing legal documentation. 🤖
5. Privacy and legality: consult with a specialized lawyer to integrate your crypto asset into your will or trust, without exposing sensitive information publicly. Use encrypted digital memos or sealed letters to maintain confidentiality.
6. Education and communication: make it an act of responsibility. Explain to your heirs how wallets work, security measures, and how to avoid scams.
7. Periodic review of the plan: update your will when your holdings, technology, or local laws change.
With these strategies – clear inventory, secure custody, legal support, automation, and training – you ensure that your crypto assets do not become a lost treasure. 🧬
🔍 Lagrange is redefining scalability in Web3 with its modular approach and massive zk-proofs. 🌐 Are you interested in the future of rollups and interoperability? Keep an eye on @lagrangedev — their technology is key to the growth of L2s. #lagrange $LA
Let me introduce myself: I am Tibex80, a crypto enthusiast and new to this amazing platform. 🚀
👤 A little about me:
I have been exploring the world of cryptocurrencies for 2 years now, and I am here to learn, share, and connect with other passionate individuals in the blockchain ecosystem.
📌 Main interests:
DeFi Projects New opportunities in Web3 Market news and trends
🗣️ I am open to exchanging ideas, learning from experts, and also contributing value to the community. So don't hesitate to comment or message me!