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Regulatory turmoil: Hong Kong issues strictest stablecoin regulations, US seeks to build on-chain financial markets
It's not hard to foresee that the crypto industry's "US-centric" structure will be further strengthened, and the US market will become a key battlefield for the development of crypto projects. Other regions, on the other hand, may be destined to only differentiate themselves and move away from the path of subordination.The GENIUS Act was voted through by the U.S. Senate, providing a glimpse into the global stablecoin regulatory landscape
In recent years, global regulation of stablecoins has continued to improve. Just today, the U.S. Senate voted to pass the Guiding and Promoting National Innovation in U.S. Stablecoins Act (also known as the GENIUS Act), once again clearing the way for global stablecoin regulation.
Hong Kong Web3 Conference: The popularity of the main venue dropped sharply, RWA was the hot spot, and the gathering of Chinese bigwigs was the most eye-catching
Although Hong Kong’s role as a window has limited effect at present, in the long run, if we want to break out of the traditional institutional circle, Hong Kong, which combines compliance and openness, is still the most suitable soil for development. From this point of view, spectators should perhaps be more patient with Hong Kong.









