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Hong Kong Deputy Secretary for Justice: Basic Law Safeguards Free Capital Flow, Stablecoin Regulations Effectively Control Risks

3 hours ago

September 19th. According to a news release from the Hong Kong government, Dr. Nelson Chow, the Deputy Secretary for Justice of Hong Kong, gave a speech at a certain forum event and said: "The Hong Kong Basic Law ensures the free flow of capital and funds. All investments and business activities are subject to strict regulation and protection. We have also set up a regulatory framework that focuses on compliance while promoting innovation to guarantee the orderly and healthy development of emerging businesses. Just in August this year, we passed the Stablecoin Ordinance related to digital currencies and established a licensing system for the issuance of stablecoins. By strengthening the regulatory framework for virtual asset activities and implementing effective risk management, we aim to promote financial innovation."
Relevant content

Binance Alpha will list Dill (DL), with an airdrop claiming initial threshold of 200 points.

September 19th. As per official information, Binance Alpha is set to launch Dill (DL), and Alpha trading will commence on September 19, 2025, at 19:30 (UTC+8). Once trading starts, users who hold at least 200 Binance Alpha points will be eligible to claim a 5,000 DL token airdrop. The first come, first served principle applies. If the event is still ongoing, the points threshold will automatically decrease by 15 points every hour. To claim the airdrop, 15 Binance Alpha points will be deducted. Users must confirm the claim on the Alpha event page within 24 hours; otherwise, it will be regarded as a waiver of the airdrop.

16 minutes ago

Investment Bank Peel Hunt: Expects the Federal Reserve to Cut Rates Further by 25 Basis Points in 2025

On September 19th, the investment bank Peel Hunt stated that it anticipates the Federal Reserve to lower rates by another 25 basis points in 2025. It is expected that the Fed funds rate will reach 3.00% by the end of 2026. (FXStreet)

16 minutes ago

Yunfeng Financial has appointed former Ant Group executive Jiang Guofei as the Chairman of the Web3 Development Committee

September 19th. According to the report in the "South China Morning Post", Yunfeng Financial Group backed by Jack Ma has appointed Jiang Guofei, a former senior executive of Ant Group, as the Chairman of the Web3 Development Committee. Jiang Guofei previously served as the President of Ant's Digital Technology Business Group and was responsible for leading the blockchain initiatives of the financial technology giant. After joining Ant Group in 2017, he played a key role in the launch of Trusple, a cross-border trade blockchain smart contract platform. After leaving Ant in 2024, he served as the Chief Scientist at the state-owned enterprise China Electronics. Yunfeng Financial has described Jiang Guofei as one of the three key figures representing the company's "strong Web3 DNA and talent pool". The other two are Xiao Feng, the Chairman and CEO of HashKey Group, and Liang Xinjun, the Co-founder of Fosun International. Both of them serve at Yunfeng as independent non-executive director

16 minutes ago

Analyst: Bitcoin Market Structure Achieves 'Healthy Reset,' Uptrend Could Receive Further Support

On September 19th, the CryptoQuant analyst Axel Adler Jr. posted on Platform X, indicating that since March, Bitcoin Long-Term Holders (LTH) have witnessed a faster price increase compared to the spot market, thus forming a healthy bullish divergence. The chips purchased at the highs of spring and summer are maturing and entering the LTH group. With their higher cost basis, the realized prices of LTH are boosted. This, in turn, compresses the profit multiples and reduces the risks in case of no price drop. This process implies that the old low-cost chips are gradually being digested, while the new high-cost chips are joining. This leads to a "healthy reset" in the market as the demand from short-term holders absorbs the selling pressure from long-term chips. It is expected that the cycle will be prolonged, and the upward price trend may receive further support.

16 minutes ago

OKX will launch BARD Leveraged Trading, Simple Earning, and Flexible Borrowing

On September 19th, as per the official announcement, OKX is set to officially launch BARD's leveraged trading, Earn, and Flexi Lending at 3:00 pm (UTC+8) on September 19th through the web, app, and API.

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Binance: The exclusive JOJO TGE event requires a minimum threshold of 210 Alpha Points

September 19th. According to an official announcement, Binance has stated that users having an Alpha Points balance that is greater than or equal to 210 can take part in the JOJO TGE event via the Alpha Activity page. Participating in this event will utilize 15 points.

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