Hong Kong Stablecoin Regulation Set for August 2025
Hong Kong Stablecoin Regulation Set for August 2025
馃嚟馃嚢 HK's Crypto Plot Thickens

Hong Kong is implementing comprehensive stablecoin regulations through Chapter 656, scheduled to take effect in August 2025. The initiative, which has been in development since 2023, introduces a new licensing framework aimed at fostering digital asset market growth.
Key points:
- New regulatory framework under Chapter 656
- Implementation date: August 2025
- Focus on stablecoin oversight and market development
- Part of ongoing crypto regulatory efforts since 2023
This marks a significant step in Hong Kong's push to become a major digital asset hub.
馃毃 Hong Kong sets the stage for stablecoin regulation starting Aug 2025! 馃摐 Chapter 656 introduces a licensing regime to boost digital asset growth.
Stablecoins Surpass Credit Cards in Online Payment Volume

**Key Market Updates for June 29, 2025:** - Alchemy engineer Noam Hurwitz confirms stablecoins have overtaken credit card networks in online payment volume - Yuxin Technology expands international stablecoin and RWA tokenization efforts, focusing on Singapore and Middle East - Spanish caf茅 chain Vanadi Coffee adds 20 BTC to holdings (total 54 BTC), plans up to 1B investment - Binance announces portfolio margin ratio changes effective July 4 for assets including OP, CRV, CAKE, ENS - Network liquidations reach $64.6M in 24h ($48.9M shorts, $15.7M longs) - Trump suggests halting tariff suspensions and controversially proposes Canada as 51st U.S. state
GMX Expands Cross-Chain Capabilities with Bridgers Integration

GMX, a decentralized perpetual exchange on Arbitrum, has integrated with Bridgers to enable cross-chain asset movement. The platform has processed nearly $300B in lifetime trading volume. Key features: - Permissionless, self-custodial trading - Low swap fees and multi-collateral support - Chainlink-powered low-latency pricing - Recent additions include GMX Express, TWAP Orders, and Stop Market Orders The platform serves ~700,000 Arbitrum users and continues expanding its cross-chain presence through [Bridgers](http://dapp.bridgers.xyz).
Metaplanet Continues Bitcoin Accumulation Strategy

Metaplanet has expanded its Bitcoin holdings with a significant purchase of 1,005 BTC at an average price of $107,601, representing a $108.1M investment. This latest acquisition brings their total Bitcoin position to 13,350 BTC, currently valued at approximately $1.45B. This follows their June purchase of 1,088 BTC, demonstrating a consistent accumulation strategy in 2025. - Latest purchase: 1,005 BTC - Average purchase price: $107,601 - Total investment: $108.1M - Current holdings: 13,350 BTC - Total value: ~$1.45B
BRIDGERS Announces $TICS Token Integration

BRIDGERS platform is expanding its token offerings with the upcoming integration of $TICS from @qubetics. The new listing will enable users to: - Execute cross-chain transactions non-custodially - Utilize smart contract routing capabilities - Access aggregated liquidity pools Users will be able to perform these operations directly from their personal wallets, maintaining security and control over their assets. This addition follows recent integrations of $YURU and $UDS tokens, demonstrating BRIDGERS' continued platform growth.
Verge (XVG) Now Available for Cross-Chain Routing via Bridgers

**Verge (XVG)**, a privacy-focused cryptocurrency, has expanded its capabilities through integration with Bridgers cross-chain protocol. Key Features: - Built-in Tor integration for enhanced privacy - Stealth address transactions - Smart routing across multiple chains - Non-custodial execution - Decentralized payment system Bridgers platform offers: - Aggregated DEX liquidity - Smart contract-powered routing - User-authorized transactions - Complete asset control Try cross-chain routing at [Bridgers dApp](http://dapp.bridgers.xyz)