Buy Crypto- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Hong Kong Monetary Authority: Takes an Open Attitude Towards Stablecoin Fiat Currency Pegs, Issuer Licensing Threshold Is High
BlockBeats News, July 30th, according to a report by Economic Daily News, Eddie Yue, Deputy Chief Executive of the Hong Kong Monetary Authority, stated at a technical briefing on the regulatory regime for stablecoin issuers that the number of stablecoin issuer licenses to be issued in the first phase is not yet determined and will depend on the quality of the application materials submitted by applying institutions. It is expected that the first stablecoin issuer license will be issued in early next year, emphasizing that "the bar for approval is very high."
Eddie Yue also stated that the Hong Kong Monetary Authority is open to fiat currency pegs. Stablecoin issuers can apply for a license for a stablecoin pegged to a specific fiat currency or a basket of fiat currencies, with an emphasis on specifying the fiat currency at the time of application.
You may also like
Crypto Bubbles Explained: How to Spot Them Before They Burst
Understanding crypto bubbles can help you avoid major losses—and even profit from volatility.
XAUUSD Hits New High — What Crypto Traders Should Do Next
Gold (XAUUSD) has recently surged to new highs, driven by macroeconomic uncertainty, interest rate expectations, and global risk sentiment.
Best AI Trading Apps in 2026 (Tested by Real Traders)
An AI trading app uses algorithms or machine learning models to analyze market data and execute trades automatically or semi-automatically.
Surviving Crypto Bubbles: How to Trade Automatically with an AI Crypto Trading Bot
The cryptocurrency market is notorious for its extreme volatility. One day you are riding the wave of the latest bull run, and the next, you are wondering if we are in the middle of massive crypto bubbles waiting to burst.
How the US-Iran War Could Affect Oil and Bitcoin Prices (Latest Analysis)
The outbreak of the US-Iran war on February 28, 2026, has provided an unprecedented real-time laboratory for understanding how geopolitical oil shocks interact with an increasingly institutionalized cryptocurrency market. This article examines the relationship between crude oil prices and Bitcoin throughout the conflict, analyzing price movements, correlation patterns, and the underlying transmission mechanisms.
OpenAI Wants to Write Its Own Rules｜Rewire News Brief
Chaos Labs Exits, Who Will Pick Up Aave's Risk?
Stealthy Financial War? Iran Collects Strait Transit Fees in Stablecoin
OpenAlice: One Person, That's a Jane Street | Project Overview
The Small-Town Youth Labeling Big AI Models
Morning Report | Strategy increased its holdings by 4,871 BTC last week; Toss plans to develop its own blockchain and issue a native cryptocurrency; OpenAI's CFO privately questioned the timing of the IPO in 2026
Research: Stablecoins have a trading volume of 35 trillion a year, how much of it is real payment?
Galaxy Research: AI agents are giving rise to new species on the blockchain, how zero-human companies activate the financial flywheel
Data Research: How big is the liquidity gap between Hyperliquid and CME crude oil?
WEEX P2P now supports GHS, ETB & ZAR—Merchant Recruitment Now Open
To make crypto deposits easier, WEEX has officially launched its P2P trading platform and continues to expand fiat support. We're excited to announce that the Ghana Cedi (GHS), Ethiopian Birr (ETB) and South African Rand (ZAR) are now available on WEEX P2P!
Why Are GPU Prices Skyrocketing Out of Control?
How to Master Claude Cowork Completely?
70-Page Confidential Letter Alleges First Charge of 'Lying,' Altman Tells Board 'I Can't Change My Personality'
Crypto Bubbles Explained: How to Spot Them Before They Burst
Understanding crypto bubbles can help you avoid major losses—and even profit from volatility.
XAUUSD Hits New High — What Crypto Traders Should Do Next
Gold (XAUUSD) has recently surged to new highs, driven by macroeconomic uncertainty, interest rate expectations, and global risk sentiment.
Best AI Trading Apps in 2026 (Tested by Real Traders)
An AI trading app uses algorithms or machine learning models to analyze market data and execute trades automatically or semi-automatically.
Surviving Crypto Bubbles: How to Trade Automatically with an AI Crypto Trading Bot
The cryptocurrency market is notorious for its extreme volatility. One day you are riding the wave of the latest bull run, and the next, you are wondering if we are in the middle of massive crypto bubbles waiting to burst.
How the US-Iran War Could Affect Oil and Bitcoin Prices (Latest Analysis)
The outbreak of the US-Iran war on February 28, 2026, has provided an unprecedented real-time laboratory for understanding how geopolitical oil shocks interact with an increasingly institutionalized cryptocurrency market. This article examines the relationship between crude oil prices and Bitcoin throughout the conflict, analyzing price movements, correlation patterns, and the underlying transmission mechanisms.
App