Hong Kong Stablecoin Regulation Set for August 2025

馃嚟馃嚢 HK's Crypto Plot Thickens

By Bridgers
Jun 19, 2025, 4:34 PM
twitter
News article
Photo by Bridgers

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.​

Sources
Read more about Bridgers

Stablecoins Surpass Credit Cards in Online Payment Volume

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 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 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 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) 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)

DeFiExchanges