- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
The Hong Kong Monetary Authority's stablecoin licenses will be issued after the two sessions, with the first batch consisting of fewer than 4 companies
According to the Hong Kong Economic Journal, the first batch of stablecoin licenses in Hong Kong will be issued after the Two Sessions, with fewer than 4 licenses in the first batch. It is reported that Yuan Coin Technology, which participated in the Hong Kong Monetary Authority's stablecoin issuer "sandbox" testing, will not be among the first batch to receive stablecoin licenses.
The Hong Kong Monetary Authority previously revealed that it received stablecoin license applications from 36 institutions in the first round, but emphasized that the number of licenses in the first batch will definitely not be large, aiming for prudence and stability.
You may also like
Morning News | Nexthop AI completes $500 million Series B funding; "xMoney" will begin early testing next month; The U.S. Department of Justice is investigating Iran's use of Binance to evade sanctions
Champion Crowned at WEEX AI Hackathon: Revealing Strategy That Won $600K
A trader with only 6 months of AI trading experience won $600,000 at the WEEX AI Hackathon. Discover the strategy, tools, and lessons behind this breakthrough victory.
Bitcoin Price Stalls in the Face of Stubborn $72K Barrier
Key Takeaways: Bitcoin’s price struggles to surpass the $72,000 resistance level, facing repeated rejections. Increased supply at loss…
Bitcoin Price Confronts ‘Challenging’ Cycle Phase After Failing $72K Resistance
Key Takeaways: Bitcoin remains in a tight range after failing to surpass the $72,000 resistance. Increased supply in…
Bitcoin and Gold: Examining the Shift in ETF Flows
Key Takeaways: Bitcoin ETFs recently saw an increased inflow of $273 million over 30 days ending March 6,…
Bitcoin Leads, Altcoin Indicators Hit Lows: Are We Entering an Altseason?
Key Takeaways: Bitcoin’s price resurgence to $71,000 indicates a potential market stabilization. TOTAL2, a metric excluding Bitcoin, aligns…
XRP Price Chart Mirrors 2017 Rally Setup: Implications for Future Movements
Key Takeaways: XRP’s current weekly chart echoes the 2017 cycle low, suggesting the potential for a 1,577% surge.…
Bitcoin Order Book Imbalance: Can $70K Support Hold?
Key Takeaways: Bitcoin’s sell-side liquidity is at a two-month high, reminiscent of the January 2026 scenario. Within 5%…
When Buying Bitcoin, Don’t Expect Immediate Profits: A Three-Year Outlook
Key Takeaways: Bitcoin holders benefit most significantly after a three-year period, observing substantial gains post-volatility. Investors who bought…
DOJ Investigates Binance’s Alleged Role in Iran Sanctions Evasion
Key Takeaways: The U.S. Department of Justice (DOJ) is scrutinizing Binance over possible involvement in US sanctions evasion…
Ether Rides High at $2K: Traders Eye Overhead Short Liquidity
Key Takeaways: Ether’s trading volume surges past $2,000 driven by intensified derivatives action. A fresh net inflow of…
South Korea Offloads $21.5 Million in Bitcoin Reclaimed After Custody Breach
Key Takeaways: South Korean authorities recovered and liquidated 320.8 Bitcoin following a phishing incident. The sale took place…
BitMEX Co-Founder Arthur Hayes Hesitant on Bitcoin Investment Amid Fed’s Firm Monetary Policy
Key Takeaways: Arthur Hayes, the co-founder of BitMEX, is currently holding off on investing in Bitcoin, waiting for…
SlowMist Unveils Web3 Security Shield for Autonomous AI Agents
Key Takeaways: SlowMist has designed a five-layer security system for Web3 AI agents to mitigate risks associated with…
Ripple Eyes Australian Financial License Through Strategic Acquisition
Key Takeaways: Ripple intends to obtain an Australian Financial Services License (AFSL) by acquiring BC Payments Australia. The…
VanEck Crypto ETFs Now Accessible Through Basic Capital’s 401(k) Platform
Key Takeaways: VanEck’s digital asset ETFs are now available to U.S. 401(k) holders via Basic Capital, marking a…
India Detains Darwin Labs Co-Founder amid GainBitcoin Investigation
Key Takeaways: India’s CBI has arrested Ayush Varshney, co-founder of Darwin Labs, for his involvement in the GainBitcoin…
Strive Commits $50M to Strategy’s STRC Preferred Stock
Key Takeaways: Strive Asset Management invests $50 million in STRC, a digital credit instrument connected to Strategy’s Bitcoin…
Morning News | Nexthop AI completes $500 million Series B funding; "xMoney" will begin early testing next month; The U.S. Department of Justice is investigating Iran's use of Binance to evade sanctions
Champion Crowned at WEEX AI Hackathon: Revealing Strategy That Won $600K
A trader with only 6 months of AI trading experience won $600,000 at the WEEX AI Hackathon. Discover the strategy, tools, and lessons behind this breakthrough victory.
Bitcoin Price Stalls in the Face of Stubborn $72K Barrier
Key Takeaways: Bitcoin’s price struggles to surpass the $72,000 resistance level, facing repeated rejections. Increased supply at loss…
Bitcoin Price Confronts ‘Challenging’ Cycle Phase After Failing $72K Resistance
Key Takeaways: Bitcoin remains in a tight range after failing to surpass the $72,000 resistance. Increased supply in…
Bitcoin and Gold: Examining the Shift in ETF Flows
Key Takeaways: Bitcoin ETFs recently saw an increased inflow of $273 million over 30 days ending March 6,…
Bitcoin Leads, Altcoin Indicators Hit Lows: Are We Entering an Altseason?
Key Takeaways: Bitcoin’s price resurgence to $71,000 indicates a potential market stabilization. TOTAL2, a metric excluding Bitcoin, aligns…
App