Jie Zhuang Ng: The Stablecoin Regulation Will Surely Drive Hong Kong to Become a Global Web3 Hub

By: theblockbeats.news|2025/08/01 13:42:24
0
Share
copy

BlockBeats News, August 1st. Hong Kong Legislative Councilor Wu Jiezhuang posted on social media, stating that the Hong Kong Stablecoin Regulation officially came into effect today. He is pleased to see many institutions from around the world visiting Hong Kong to learn about or express their intention to apply for a stablecoin license, which will undoubtedly drive Hong Kong's development as a global Web3 hub. At the same time, industry practitioners and relevant institutions need to be reminded: after the law comes into effect, any business involving stablecoins must strictly comply with regulations. Recently, many industry insiders have inquired whether offline "cryptocurrency exchange shops" can continue to exchange and sell so-called "stablecoins." It is recommended that everyone pay close attention to:

Thoroughly study the specific provisions of Article 6 and Article 9 of the Stablecoin Regulation;

Urge users in Hong Kong who are interested in participating in cryptocurrency investment transactions to choose Hong Kong compliant trading platforms for their operations.

-- Price

--

You may also like

The Girl Who Created the SBTI Test: A Story of a Doomed Cyber Love, an E-Widow Ratfolk

The usefulness of the useless is the highest usefulness.

B.AI Officially Launched: Building AI Agent Financial Bedrock Platform, Driving AGI Era Business Underlying Logic

B.AI has built a complete ecosystem from the AI Service Gateway to the AI Agent Financial Base: The LLM permissionless gateway integrates top global models and a unified API in one stop; The AI Agent infrastructure, through protocols such as x402 and 8004, empowers the AI Agent with an independent wallet and autonomous transactions.

B.AI Officially Launched: Breaking Down A2A Collaboration Barriers to Unlock the Smart Body Economy's Full Potential

With its Multi-Model Intelligent Routing breaking the compute bottleneck on one hand, and the integration of x402, 8004, Skills, and BAIClaw on the other hand, B.AI has seamlessly connected the full-stack business loop of AI Agents from large-scale intelligent scheduling to financial operational capability, accelerating the arrival of the AGI era.

We helped Xu Mingxing write a book called "<OK Life>".

That was a small-town youth who had lost three times, lost 2 million yuan selling a Beijing apartment, always felt like he was about to be spit out by Beijing, and on the screen, encountered something that was said to be unclaimable by anyone.

Rare APY of 400%, is TradeXYZ handing out money to oil bulls?

Futures Trading 101

a16z: Perpetual Contracts are Rewriting Global Trading Rules

Perpetual contracts are expected to become the mainstream trading instrument in the global financial market.

Popular coins

Latest Crypto News

Read more