[Paul Chan: Hong Kong Stablecoins Emphasize Protecting Investor and Financial System Stability] According to a report by Aastocks via Golden Finance, Hong Kong Financial Secretary Paul Chan stated at the Belt and Road Summit that artificial intelligence is a key driver of digital innovation. Hong Kong has identified AI development as a policy priority and is accelerating efforts in building related data, capital, and talent infrastructure. Paul Chan also pointed out that Hong Kong has introduced a licensing regime for virtual asset exchanges and stablecoins, emphasizing a prudent and risk-based approach to safeguard the stability of investors and the financial system.
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더보기 >Report: Hong Kong's Central Bank Plans to Ease Rules on Banks' Crypto Holding
The central bank released a draft paper for public comment with a view to clarifying the guidance on capital regulation for crypto assets
互联网平台、央国企在港机构或缺席香港首批稳定币牌照申请
[Internet platforms and central state-owned enterprises' Hong Kong institutions may be absent from the first batch of stablecoin license applications in Hong Kong] According to a report by Caixin cited by Jintou, major domestic internet companies may gradually withdraw from cryptocurrency-related businesses, and several central state-owned enterprises and Chinese-funded banks' Hong Kong institutions may also be absent from the ongoing stablecoin license applications in Hong Kong.
PUMP fluctuation, up 11.62% in 24H
OKX - PUMP is currently priced at $0.005906, with a 24-hour increase of 11.62%. 24-hour transaction volume of 1.4 billion US dollars, up 56.16%, for reference only
Upbit将上线PUMP,支持KRW和USDT交易对
[Upbit to List PUMP, Supporting KRW and USDT Trading Pairs] Upbit announced that it will list PUMP at 22:00 on September 11 (Hong Kong Time), supporting KRW and USDT trading pairs. PUMP is based on the Solana network, and users must confirm network information before making deposits.
The main large orders are surging with undercurrents, and the short-term direction of BTC is about to be revealed
In the past 12 hours, the net inflow of the main force was $91.02 million, and the buy and sell transactions far exceeded the sell orders, indicating a clear willingness of the main force to go long. Especially the $62.3 million buy order for the 13:31 Binance contract directly pushed the price to test the resistance of $114000. However, the simultaneous appearance of the K-line top pattern and the black three soldier pattern suggests that the upward momentum may be hindered, and caution should be exercised against short-term pullback risks. The current MACD bar chart continues to shrink, with increased downward momentum, further verifying the possibility of a pullback. Combining major orders with market signals to accurately capture market turning points, membership indicators are indispensable. Open a membership, track the main trends in real time, and seize the opportunity! The data is sourced from the PRO member's [BTC/USDT Binance 2-hour] candlestick, for reference only, and does not constitute any investment advice.