Hong Kong Virtual Asset ETFs Hit HKD 100M Trading Milestone

ZEDXION cryptocurrency exchange processed **$2.16 billion** in trading volume over the past 24 hours, marking a notable increase from the previous day's $1.65 billion. **Top Performer:** - D/USDT led gains with a **12.28% increase** **Recent Trading Activity:** The exchange has shown consistent volume growth, with daily trading ranging between $1.12B and $2.16B over the past three weeks. Various trading pairs have experienced significant movements, including PIPE/USDT (170.31% on Jan 26) and NOM/USDT (120.76% on Jan 25). The platform supports 83 trading pairs and offers multiple services including spot trading, contracts, staking, and P2P options. [Visit ZEDXION](http://zedxion.io)

An Abu Dhabi-based company has introduced the first US dollar stablecoin officially registered in the United Arab Emirates. This development follows Tether's launch of its federally regulated stablecoin in the United States just two days earlier, marking a significant week for regulated stablecoin expansion. **Key Context:** - The UAE has been working toward stablecoin infrastructure since May 2025, when Abu Dhabi entities first announced plans for a dirham-backed stablecoin - This marks the region's first officially registered dollar-pegged digital asset The launch represents another step in the UAE's broader digital asset strategy and regulatory framework development.

The U.S. Securities and Exchange Commission has issued new guidance on tokenized securities, making it clear that **converting traditional securities into digital tokens does not change how securities laws apply**. Key points: - The SEC's guidance emphasizes that tokenization is simply a technological process - Securities laws and investor protections remain fully applicable regardless of format - This follows previous warnings to crypto firms about bypassing investor protection rules The clarification comes as the SEC evaluates exemptive relief requests for tokenized stocks. The agency is reinforcing that **innovation in form doesn't mean exemption from regulation** - tokenized securities must comply with the same legal framework as their traditional counterparts. This guidance provides regulatory clarity for firms exploring blockchain-based securities issuance.

The U.S. Senate Agriculture Committee is scheduled to reconsider its crypto market structure bill this Thursday. This follows the committee's release of an updated crypto market structure proposal earlier this month on January 22nd. **Key Points:** - The reconsideration represents continued legislative efforts to establish regulatory frameworks for digital assets - The committee previously released an updated version of the proposal in late January - The bill aims to provide clearer market structure guidelines for cryptocurrency regulation The Thursday session will be an important step in the ongoing process of developing comprehensive crypto legislation in the United States.

**Major regulatory developments are unfolding across multiple jurisdictions:** - **US Coordination**: SEC and CFTC will hold a joint cryptocurrency regulatory event on January 27, signaling increased inter-agency cooperation - **Legislative Progress**: Senate Agriculture Committee released an updated crypto market structure proposal, while the CFTC Chairman launched a 'Future Proof' program for digital asset oversight - **International Expansion**: - Kazakhstan established a regulatory framework for digital assets - Thailand is developing crypto ETF rules amid growing institutional interest **What This Means**: Multiple governments are simultaneously building regulatory infrastructure, suggesting a coordinated global approach to digital asset oversight rather than fragmented policies. The convergence of US regulatory agencies and parallel international frameworks indicates the industry is moving toward clearer operational guidelines.