Previously, the Hong Kong Legislative Council officially passed the "Stablecoin Ordinance" on May 21, establishing a licensing system for fiat stablecoin issuers. From the passage of the ordinance to the release of supporting guidelines, and then to formal implementation, Hong Kong completed the "last mile" of the stablecoin regulatory framework in less than three months.
From the above, it can be seen that this complete regulatory system consists of a regulation (Stablecoin Regulation), two sets of guidelines (and their consultation summaries), and two explanatory documents, forming a complet

Long Fan graduated from Tsinghua University Yao Class with a bachelor's degree, then went to the Massachusetts Institute of Technology (MIT) to pursue a PhD in Computer Science. He is currently a professor in the Department of Computer Science at the University of Toronto, with outstanding academic achievements. In this conversation, Long Fan reviewed the growth history of Conflux and explored in depth the future development direction of the blockchain industry, especially how to balance technological innovation and compliance in the context of increasingly strict global digital money regulati

The encryption market has recently welcomed a significant rebound, with BTC even briefly breaking through 123,000 USD, setting a historical high. Ethereum has achieved four consecutive weekly gains, successfully surpassing 3,600 USD, and market participation sentiment has significantly rebounded, with total market capitalization soaring to a historical high of 3.8 trillion USD. Meanwhile, the intersection of the encryption market and the US stock market is also experiencing a notable rebound.
Coinbase Global (COIN) stock price reached a high of $415.96 this week, just a stone's throw away from

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The consumer price index released by the U.S. Bureau of Labor Statistics for June (CPI) had a year-on-year increase of 2.7%, rising 0.3% from May and higher than last month's 2.4%. This marks the largest monthly pump this year and exceeds the market's original expectation of 2.6%.
Analysts further pointed out that the rebound in energy prices is a major driving force, with energy prices rising 0.9% month-on-month in June, and both gasoline and fuel price indices "turned from decline to increase."
Core CPI (excluding food and energy) cannot be overlooked either, with a month-on-month increase o