1. Hong Kong's compliant stablecoin is coming. A quick look at its history and main contents
On May 21, 2025, the Hong Kong Legislative Council officially passed the Stablecoin Bill in the third reading. The bill will officially come into effect as long as the Chief Executive of Hong Kong signs it and publishes it in the Gazette. This means that Hong Kong will officially implement stablecoin supervision. Anyone who issues a legal currency stablecoin in Hong Kong, or a legal currency stablecoin that claims to be anchored to the value of the Hong Kong dollar in Hong Kong or abroad, must apply for a license from the Hong Kong Monetary Authority.
2.Bitwise: The impact of the GENIUS Act is comparable to that of BTC spot ETFs. Wall Street and cryptocurrencies are getting married
Politicians in Washington did the right thing. I haven't had the chance to write this sentence for a while, but today I finally have the chance to write it. On Monday, the U.S. Senate passed the closing debate of the GENIUS Act with 66 votes in favor and 32 against, with 16 Democratic members crossing party lines to vote in favor. The bill provides a solid regulatory framework for stablecoins in the United States. I don't want to be wishful thinking, but it looks like we will pass the first mature crypto legislation in the United States this summer. This is a big deal. Click to read
3. Hong Kong stablecoins explode
On May 21, according to the Voice of the Greater Bay Area, the Legislative Council of the Hong Kong Special Administrative Region passed the "Stablecoin Bill", and the Hong Kong Special Administrative Region Government welcomed it. The "Draft" aims to establish a licensing system for issuers of legal currency stablecoins in Hong Kong and improve the regulatory framework for virtual asset activities in Hong Kong to maintain financial stability and promote financial innovation. Click to read
4. Can Solana become the best place for AI Agent?
In the wave of Crypto and AI integration, have you ever wondered: Which chain is most likely to truly carry the future of AI Agent? When intelligent agents are eager to perceive the market, execute strategies at millisecond speeds, and interact frequently at almost zero cost, Solana is taking a favorable position with its unique architectural advantages. Click to read
5. How long will Binance Alpha last?
According to the news learned last week, the first release of Alpha has been scheduled for mid-June, and it is estimated to be at the end of June in recent days. The core reason is that the listing + airdrop fees of other first- and second-tier exchanges have not yet dropped. In horizontal comparison, Binance Alpha is still a cost-effective choice. Click to read